Trump's tariff strategy impacting market sentiment negatively

From Investing.com: 2025-01-27 05:17:00

Trump’s aggressive tariff strategy is taking a toll on risk sentiment in the market, with equity indices falling as he pushes for tariffs on Mexico and Canada. The Chinese DeepSeek R1 model is posing a challenge to US AI rivals, potentially leading to further tension between the two countries.

The dollar is rallying against the euro, while gold is suffering as it retreats from recent highs. The crypto market is also experiencing a dip, with Bitcoin dropping below $100k. The upcoming Chinese New Year holiday may impact gold demand.

This week’s calendar is packed with rate decisions from the BoC, ECB, and Fed, as well as earnings reports from major tech companies. Oil prices are under pressure as Trump discusses lower prices with Saudi Arabia’s Crown Prince.



Read more at Investing.com: Trump’s Tactics Continue to Weigh on Market Sentiment