Global stocks steadied after a volatile week, buoyed by strong sales forecasts from Apple, while investors remained cautious about potential U.S. tariffs on Canada and Mexico. Gold prices surged to a record high of $2,800.99 amid tariff concerns, and the dollar gained slightly. U.S. inflation data is anticipated, providing insights into future interest rate movements.
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0 posts last weekMarket Reactions to Trump’s Policies and Their Impact on Global Economies
U.S. President Donald Trump’s return to the White House has sparked mixed reactions in global markets, with investors grappling with policy uncertainty. His inaugural speech disappointed crypto enthusiasts, while tariffs on Canada and Mexico pressured their currencies. European stocks have seen a rebound, but those exposed to U.S. trade policies faced declines. Trump’s commitment to boosting U.S. oil production has led to a drop in crude prices amid competition from OPEC+.
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