GLOBAL MARKETS-Dollar remains weak as beating eases for stocks

Fri May 19, 2017 12:17pm 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 last July 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.

It has been the most eventful week of the year so far for investors, with leading share markets scaling record highs and then plunging in one of the sharpest cross-asset routs in years.

Wall Street was expected to nudge higher when it reopens after a tentative recovery on Thursday. Europe and Tokyo in Asia also eked out gains, while demand for safe-haven bonds had also eased.   Continued...

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UK £ USD =1.2795
Euro USD =1.1180
Rand USD =0.0776