End of 'America First' Trade Is Boosting Europe's Markets
By , Abhinav Ramnarayan, and Julien Ponthus
Updated on
Europe's long-sluggish financial markets are being shocked into life as Donald Trump's drive to reshape global trade and security undermines America's decades-long dominance.
Across assets of all stripes, the Old Continent is collectively trouncing America in a way that's rarely been seen before. The euro is the strongest in three years. German bonds last week beat Treasuries by the most ever. And while European shares have been knocked by the trade war, they're turning out to be far more resilient than American ones.
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