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Trump Departs For Longest Asian Tour Since Bush Vomited On Japan's PM

Trump Departs For Longest Asian Tour Since Bush Vomited On Japan's PM

President Donald Trump is leaving his administration’s push to pass comprehensive tax reform before year’s end in the hands of his trusted deputies while he embarks this morning on a 10-day tour to Asia, where he’s expected to discuss, among other topics, the security threat that North Korea poses to both the region and to the world more broadly.

Dollar Rebounds, Futures Rise Ahead Of Surge In Payrolls

One day after the dollar slumped sharply on initial disappointment with the GOP tax plan, the greenback has rebounded ahead of a nonfarm payrolls report that is expected to show the US economy gained over 300,000 jobs in the post-hurricane rebound, and as investors reassessed the latest news on U.S. tax-cut plans. Stocks in Europe and Asia advanced, US equity futures were as usual in the green, while oil headed for an eight-month high on signs OPEC will agree to extend supply cuts.

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