From Investing.com: 2025-01-21 07:00:00

The dollar slipped as Trump reportedly will not impose tariffs on day one but rebounded after threatening Canada, Mexico, and China with potential levies. Stock futures initially fell but recovered, with gold gaining and oil pulling back due to Trump’s unpredictability. The US dollar has been volatile around Trump’s inauguration, with fears of inflation prompting market participants to scale back Fed rate cut bets. Wall Street futures slipped but quickly recovered, while gold extended gains, and oil fell ahead of Trump’s promises to expand energy drilling. Today, focus shifts to Canada’s CPI numbers and the World Economic Forum in Davos.



Read more at Investing.com: Gold Climbs as US Dollar Rebounds on Trump’s Unpredictable Tariffs