US and European stock futures rose with Asian shares as a decline in Treasury yields bolstered the appeal of holding equities. Traders are watching for any further news about President-elect Donald Trump’s planned administration.
MSCI’s gauge of Asian stocks climbed as much as 1.2% with some of the biggest gains in Taiwan, India and Indonesia. Bloomberg’s gauge of the dollar headed for a third day of losses as the so-called Trump trade that had bolstered the greenback and pushed up US yields has at least temporarily lost momentum.
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