A weaker dollar being a result of Trump’s critique of the Federal Reserve has translated into a better sentiment on the markets which is reflected in European stocks. Instruments like W20 (Poland), ITA40 (Italy) and SPA35 (Spain) all gain above 1% during the Tuesday’s session. Good sentiment is also reflected by performance of industrial metals like zinc (+2.4%) and nickel (+1.3%) and declining US dollar rates against emerging currencies: USDHUF and USDRON (both -1.1%).
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