Stocks, dollar swing as rate bets offset by Trump inflation talk

Hong Kong (AFP) July 17, 2024

Equities and the dollar were rangebound Wednesday while gold hit a fresh record as expectations for a US interest rate cut played up against the prospect of another Donald Trump presidency that analysts say could see inflation-fuelling tax cuts and tariffs. While Wall Street saw another day of record highs owing to bets on lower borrowing costs and a more market-friendly White House, Asian d