S.

President.

Fireworks on global markets too.

The MSC I index of Asian shares outside Japan touched fresh record highs on Thursday, up around 0.8%.

South Korea's KOSPI index put on 1.5% while Tokyo's Nikkei rose 0.8% to close at a 30 year high.

Investors bet the new administration will mean MAWR and bigger stimulus.

They note signs off Republican willingness to work with Biden on a $1.9 trillion spending package, relief to that the transition of power proved orderly in the end, Theo gains in Asia followed fresh record highs on Wall Street, with the NASDAQ index adding close to 2%.

But the prospect of a U.

S spending splurge weighed on the greenback.