Investors Keep Trump Allegations in Perspective

European stocks are set to rise firmly Wednesday amid a slump in the U.S. dollar and a rally in government bond yields linked to the latest revelations surrounding the ongoing investigation into possible Russian meddling in last year's Presidential elections.

The dollar's weakness, which began yesterday following email revelations that President Donald Trump's son met with a lawyer he thought was working with the Russian government in order to collect damaging information on Hilary Clinton, continued overnight, fueled further by comments from two Federal Reserve officials - Lael Brainard and Neel Kashkari - said tame inflation and wage growth indicated no rush towards faster interest rate increases.

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