Asian Stocks and Metals Surge as Trump’s Win Impact Reconsidered

Asian stocks surged Thursday after reconsideration of the implications of Trump’s surprise election win. The MSCI Asia-Pacific index outside Japan was up 2%; Nikkei 225 surged % after Wall St jumps. Trump campaigned to use fiscal policy to boost U.S. growth; spending on infrastructure and defense. This could push up inflation. U.S. Treasury 10-year yield off highs but holds above 2%. Industrial metals jump on speculation of greater demand; copper rallies %. The dollar was off highs; kiwi falls as RB