Asian shares mixed after Trump offers scant policy details
Trump offered scant details on policies, disappointing investors hoping for a clearer sense of his plans for trade and economic stimulus.
Japan's benchmark Nikkei 225 shed 1.0 percent to 19,179.26, as the U.S. dollar fell back against the yen, potentially hurting exporters' earnings.
Trump attacked U.S. intelligence services and big pharmaceutical companies, instead of outlining his platform.
The U.S. dollar rally was based on the assumption that Trump's administration will push through a massive infrastructure building and fiscal stimulus package, which will lead to higher inflation in the future, said Margaret Yang Yan, a market analyst with CMC Markets in Singapore.
The slump in the U.S. dollar index last night indicated that assumption is now unwinding because the president-elect never even mentioned that key word 'stimulus'.