'Trump trade' turns from hope to fear
The turmoil in the White House has spilled over into financial markets triggering falls in global and Australian indices that had been lulled into a sense of complacency.
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commodities | Value | Change | %Change |
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0.0000 | 0.0000 | 0.000% | |
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commodities | Value | Change | %Change |
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0.0000 | 0.0000 | 0.000% | |
0.0000 | 0.0000 | 0.000% | |
0.0000 | 0.0000 | 0.000% | |
0.0000 | 0.0000 | 0.000% |
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The turmoil in the White House has spilled over into financial markets triggering falls in global and Australian indices that had been lulled into a sense of complacency.
Call it the trading session when investors started to worry that, just like the well known emperor, it might pan out that Donald Trump, the US President, has got no clothes.
The ASX followed a global sell-off which hinted at investors finally shedding their complacency around rising US political risks.
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