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As confidence in Trump weakens, US dollar rises, stock futures slip

US share futures and the dollar slipped in early Asian trade today

Reuters  |  Tokyo 

US share futures and the dollar slipped in early Asian trade on Wednesday after reports that President Donald Trump asked then-FBI Director James Comey to end a probe into his former security adviser. The reports raised questions about whether charges of obstruction of justice could be laid against Trump, weakening confidence in the US president's ability to push through an aggressive stimulus programme that investors had been banking on since his election last November. US economic data published on Tuesday was mixed after soft retail sales and inflation data on Friday, also ...

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First Published: Wed, May 17 2017. 08:14 IST
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