Wall Street Ends Mixed as Tech and Financial Stocks Weigh on Markets Amid Thin Holiday Trading 
Asian Stock Markets Start New Year Higher as Tech and AI Shares Drive Gains 
U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom 
South Korea Factory Activity Returns to Growth in December on Export Rebound 
Oil Prices Slip Slightly as Markets Weigh Geopolitical Risks and Supply Glut Concerns 
Singapore GDP Growth Surges in 2025 but Outlook Remains Cautious Amid Global Trade Risks 
China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry 
Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy 
Federal Reserve Begins Treasury Bill Purchases to Stabilize Reserves and Money Markets 
Asia Manufacturing PMI Rebounds as Exports and Tech Demand Drive Growth into 2026 
U.S. Stocks Slip as Gold Rebounds Ahead of Year-End, Markets Eye 2026 Outlook 
South Korea Factory Output Misses Forecasts in November Amid Ongoing Economic Uncertainty 
U.S. Dollar Starts 2026 Weak as Yen, Euro and Sterling Hold Firm Amid Rate Cut Expectations 
Trump Delays Tariff Increases on Furniture and Cabinets for One More Year 
U.S. Stock Futures Slip as Year-End Trading Turns Cautious 
Citi Forecasts a Volatile but Ongoing Bull Market for S&P 500 in 2026 
The U.S. dollar weakened on Monday as investors turned cautious following renewed tariff threats from U.S. President Donald Trump, triggering a broad risk-off move across global markets. Safe-haven currencies such as the Japanese yen and Swiss franc gained sharply as concerns grew over escalating trade tensions between the United States and Europe.
Over the weekend, Trump announced plans to impose an additional 10% import tariff starting February 1 on goods from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland, and Britain. The tariffs, he said, would remain in place until the United States is allowed to buy Greenland. The remarks immediately drew strong criticism from major European Union countries, with France describing the move as economic blackmail and proposing unprecedented countermeasures in response.
In early Asian trading, the foreign exchange market initially reacted by selling the euro and British pound. The euro briefly fell to a seven-week low, while sterling touched a one-month trough. However, as trading progressed, sentiment shifted and the dollar came under pressure instead, reflecting growing investor unease about U.S. political and trade policy risks.
The euro rebounded to around $1.1618, while the British pound recovered to approximately $1.3387. Analysts noted that although tariffs typically weigh on targeted currencies, recent history suggests that heightened policy uncertainty originating from the United States often results in dollar weakness. Similar dynamics were seen last year following Trump’s “Liberation Day” tariff announcements, which triggered a selloff in U.S. assets.
The dollar fell against traditional safe havens, sliding to near 0.7989 versus the Swiss franc and weakening to around 157.63 yen. The dollar index hovered close to 99.17, indicating subdued overall performance.
Risk-sensitive currencies showed mixed moves, with the Australian dollar edging lower while the New Zealand dollar posted modest gains. Meanwhile, cryptocurrencies reflected the risk-off mood, as bitcoin dropped to a one-week low and ether recorded steeper losses.
Overall, markets appear to be pricing in higher political risk premiums for U.S. assets, underscoring concerns that aggressive trade rhetoric could undermine confidence in the dollar and global financial stability.
