Dollar, stocks get lift from tax move; bonds fall

Rise in metals leads mining shares higher; euro weakens

The dollar climbed and Treasuries fell after the latest developments in Washington buoyed optimism about tax reform and odds rose that an insider may become the next US Federal Reserve chief. European stocks edged higher on the back of rising metal prices and positive corporate earnings.
 

Miners gave a boost to the Stoxx Europe 600 Index as industrial metals gained, while better-than-expected results from companies including Volvo AB and Ericsson AB helped sentiment. The greenback strengthened after a US Senate budget resolution gave impetus to President Donald Trump’s planned tax cuts. The euro slipped while investors awaited