Asian Markets Slip as Investors Brace for Fed Rate Cut and Global Policy Decisions 
RBA Holds Rates but Warns of Rising Inflation Pressures 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
U.S. Stock Futures Hold Steady Ahead of Key Fed Decision 
Gold Prices Inch Higher as Fed Rate-Cut Expectations Strengthen 
Canada Stocks Steady as Markets Await Fed and BoC Decisions 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
China Warns of Rising Global Risks as Tariff Pressures Intensify in 2025 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Global Currencies Steady Ahead of Key Central Bank Decisions 
Global Markets Steady as Yen Holds Firm After Japan Earthquake Amid Central Bank Focus 
Japan’s Q3 Economic Contraction Deepens as Revised Data Signals Stronger Headwinds 
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
Oil Prices Dip as Markets Watch Ukraine Peace Talks and U.S. Rate Decision 
Global Forex Markets Brace for Fed Decision as Yen Extends Weakness 
Stocks Slip as Investors Brace for Fed Decision and JPMorgan Warning Weighs on Markets 
Silver Prices Surge to New Record Above $60 as Supply Concerns and Fed Expectations Boost Demand 
The Mexican peso and Canadian dollar weakened significantly on Sunday as concerns mounted over U.S. President Donald Trump's escalating tariff threats. The peso took a sharper hit, with the USD/MXN exchange rate climbing 1.1% to 20.4949 pesos per dollar. The Canadian dollar also softened, with USD/CAD rising 0.1% to 1.4381.
The U.S. dollar, meanwhile, strengthened by 0.2% against a basket of currencies, recovering from steep losses last week. However, fears of new trade barriers weighed heavily on North American currencies after Trump imposed a 25% tariff on all imports from Colombia. The move came as retaliation against Colombia for denying landing rights to two U.S. military planes carrying deported migrants.
Trump warned that tariffs on Colombia could rise to 50% by next week if the country fails to comply with U.S. demands, further straining bilateral relations. These developments heightened market fears that similar tariffs could be levied against Mexico and Canada, targeting issues like immigration and perceived unfair trade practices. Trump has previously threatened tariffs of up to 25% on both nations and floated the possibility of a 10% tariff on imports from China, which could be enacted as early as February.
The prospect of increased trade tensions underscores the risks to global markets, with the peso and Canadian dollar particularly vulnerable. Investors remain cautious amid uncertainty over Trump's next steps, fueling volatility in currency markets.
The escalating tariff measures and strained diplomatic ties could have broader economic implications, impacting trade dynamics across the Americas and beyond.
