From Investing.com: 2025-01-19 20:20:43

The dollar was steady, and Asia’s stock markets cautious on Monday as investors await policy announcements from Trump’s second presidency. Trump’s surprise digital token launch, expected executive orders, and potential tariff policies are being closely watched. U.S. equity futures were slightly weaker as traders anticipate market reactions to his inauguration.

The dollar has strengthened against the euro since September, with some analysts expecting more support if Trump takes a forceful approach. However, a more measured start to tariff hikes may see the dollar lose ground. Trump’s threats of tariffs have already impacted the Canadian dollar and Mexican peso, with trade tensions rising.

China is under scrutiny for potential trade levies, with investors watching for negotiations between Trump and Xi Jinping. Chinese markets rose last week, while the yuan remains stable. The Australian dollar, sensitive to trade flows, could test resistance levels depending on Trump’s policy changes. Japan’s yen is steady ahead of a potential rate cut by the Bank of Japan.

Gold prices remained stable, while oil futures edged higher. Investors are awaiting Trump’s policy changes and trade negotiations with China, which will influence market movements in the coming days. Rates markets are pricing in an 80% chance of a rate hike in Japan, adding further uncertainty to global markets.



Read more at Investing.com: Dollar strong, stocks creep higher as second Trump term dawns By Reuters