Article 2GNFR Asian shares drop as investors fear Trump won't deliver on promises

Asian shares drop as investors fear Trump won't deliver on promises

by
Martin Farrer and agencies
from on (#2GNFR)

As the Wall Street Journal attacks the president for 'not respecting the truth', traders drop risky assets in rush for safe havens

Concerns about the Trump administration's ability to push through key reforms and deliver on a promised fiscal boost turned share markets across the Asia Pacific region into a sea of red on Wednesday.

As investors dumped risky assets and rushed to safe havens such as gold and government bonds, the worries were amplified by a strongly worded editorial in the Wall Street Journal published on Wednesday.

Related: Will Donald Trump be impeached - or is it just a liberal fantasy?

Australia stocks just had their worst day since the US elections. Every industry group down: Miners -2.14%, Financials -2.08%, Energy -1.73% pic.twitter.com/jTVrrnDThN

Related: US interest rate rise signals end of ultra-low borrowing costs

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