Asia shares rebound as Trump turnaround 'astonishes'
Asian shares rebounded on Thursday and the dollar firmed after global markets made a remarkable comeback from the shock of Republican Donald Trump's presidential victory, dumping safe-havens for the tempting returns of risk assets. Analysts were more than a little puzzled by the sharp reversal after global markets plunged initially on Wednesday as Trump swept to power.
"An astonishing turnaround in risk appetite pushed equities and Treasury yields higher," said Imre Speizer, an economist at Westpac. "Markets appeared to reassess the economic outlook under Trump, towards one of higher growth and higher inflation."
Asian shares rebounded on Thursday and the dollar firmed after global markets made a remarkable comeback from the shock of Republican Donald Trump's presidential victory, dumping safe-havens for the tempting returns of risk assets. Analysts were more than a little puzzled by the sharp reversal after global markets plunged initially on Wednesday as Trump swept to power. 
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