Asian shares stood near two-month highs on Wednesday as investors looked to President-elect Donald Trump's news conference later in the day for any clues to his policies on tax, fiscal spending, international trade and currencies. - From Reuters
On Wall Street, the S&P 500 .SPX ended flat on Tuesday, as investors look also to earnings season, which starts this week, to assess if the record levels are justified, following 5 percent gains since the election.
"On the other hand, if he takes a hard line stance on China in line with his campaign promises, then China would probably take counter-measures, raising concerns about tensions between the U.S.
Bucking the trend was the British pound GBP=D4, which wobbled at $1.2175, having hit a 2 1/2-month low of $1.2107 on Tuesday, hit by UK Prime Minister Theresa May saying she was not interested in Britain keeping "bits" of its EU membership.
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