GLOBAL MARKETS-Shares, dollar lick wounds as Trump rout eases

Fri May 19, 2017 9:48am GMT
 

* Graphic: World FX rates in 2017 tmsnrt.rs/2egbfVh

* Trump woes leave dollar heading for biggest fall since August

* World stocks index set for first weekly fall in five

* Oil set for second week of strong gains on output curb signals

* Brazil's real reels after worst plunge since 1999 crisis

By Marc Jones

LONDON, May 19 (Reuters) - The dollar limped towards its worst week since August on Friday and world stocks headed for their first weekly fall in five, as storms surrounding Donald Trump's U.S. presidency and Latin America's biggest economy, Brazil, began to calm.

The most eventful week of 2017 for markets started with stocks at record high but then saw one of the sharpest cross-asset routs in years.

Europe's main bourses nudged higher on Friday to build on tentative recoveries on Wall Street and in Tokyo while demand for safe-haven bonds eased.   Continued...

  • Africa
  • US
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UK £ USD =1.2795
Euro USD =1.1182
Rand USD =0.0776