The dollar and global stock markets fell on Monday after U.S. President Donald Trump said he would restore tariffs on some imports from Brazil and Argentina, with losses exacerbated by a slide in new U.S. factory orders in November to their lowest since 2012. European shares posted their biggest daily drop in two months as the tariff threat overshadowed encouraging data on the Chinese and euro zone economies. Last week, MSCI’s gauge of global stock markets had approached a record high on hopes Beijing and Washington will hammer out a “phase one” trade deal this year. …read more
Source:: Yahoo Finance
