>> The dollar's been one casualty from Donald Trump's long awaited news briefing. But the lack of detail on Wednesday about a potential stimulus package from the President Elect disappointing bulls. The US currency down across the board after that, European shares also among the losers. Reuters markets correspondent, Jamie McGeever says safe havens are back in favor.
>> Bond yields have come down. In fact bond yields have been falling quite steadily since the Fed raised rates last month. The ten year yield down at 2.3%, around about a six week low. And so when bond yields came down, the dollar came down.>> A different picture for Asian equities.
Shares there gaining on relief that Trump hasn't yet waded into a trade war with China. But there's still plenty of caution out there.>> As we get into January the inauguration comes closer. The State of the Union comes closer. Markets are waiting on more details on what those policies will entail.
We haven't had any details yet. So maybe markets and investors are being a bit more cautious, taking some money off the table.>> But the picture may change quicker than that. With a daily stream of announcements surrounding the Trump camp, markets might not get much breathing space.