U.S. Stock Futures Edge Higher Ahead of Holiday as Investors Await Key Economic Data 
Ukraine Secures $8.2 Billion IMF Loan as Tax Conditions Are Eased 
Asian Stock Markets Trade in Narrow Range as Japan GDP Misses Forecasts, Hang Seng Gains 
Japan, U.S. Speed Up Talks on $550 Billion Investment Deal Amid Tariff Pressure 
Yen Surges After Takaichi Election Win as Markets Eye U.S. Inflation Data 
Asian Currencies Slip as Dollar Stabilizes Ahead of U.S. CPI Data 
Oil Prices Steady but Head for Weekly Loss as Supply Glut Concerns Weigh 
ECB Expands Euro Liquidity Backstop to Strengthen Global Role of the Euro 
Gold Prices Steady as Markets Await Key U.S. Inflation Data 
Oil Prices Edge Higher as US-Iran Tensions and Strong Payroll Data Shape Market Sentiment 
MOEX Russia Index Closes Flat as Gold Surges and Ruble Strengthens 
Asian Currencies Trade in Tight Range as Dollar Steadies; Yen Slips on Weak Japan GDP 
New Zealand House Prices Dip in January Amid Seasonal Slowdown and Severe Weather 
Asian Markets Consolidate Gains as Japan GDP Disappoints and Fed Rate Cut Bets Rise 
Japan Signals Openness to Gradual BOJ Rate Hikes as Deflation Era Ends 
BOJ Governor Ueda Meets PM Takaichi as Markets Eye Possible Rate Hike 
Oil Prices Steady as Iran-U.S. Nuclear Talks and OPEC+ Output Plans Shape Market Outlook 
The U.S. dollar weakened on Tuesday as Asian markets reacted to renewed uncertainty surrounding President Donald Trump’s tariff policy and its potential fallout on global trade. Investors reassessed currency positions after the U.S. Supreme Court ruled that Trump’s use of a 1977 emergency law to impose tariffs exceeded presidential authority, reigniting volatility across forex markets.
The dollar index, which tracks the greenback against a basket of major currencies, held steady at 97.69 after falling as much as 0.45% in the previous session. The euro edged up 0.07% to $1.1793, while the Japanese yen slipped 0.03% to 154.71 per dollar. Market participants are closely watching USD/JPY movements after Japan’s Nikkei newspaper reported that U.S. authorities conducted rate checks in January to support the yen, signaling possible currency intervention.
Trade tensions escalated after Trump announced plans to raise a temporary tariff on U.S. imports from 10% to 15%, the maximum allowed under the law. He also warned that countries attempting to renegotiate trade deals following the Supreme Court ruling could face even steeper duties. According to the Wall Street Journal, Washington is considering additional national security tariffs targeting sectors such as industrial chemicals, large-scale batteries, power grid equipment, and telecom infrastructure.
The European Parliament postponed a vote on the European Union–U.S. trade agreement, while Japan requested assurances that new U.S. tariff measures would not disadvantage Tokyo compared to last year’s deal.
Broader market sentiment remains fragile as investors weigh artificial intelligence investment sustainability, persistent inflation concerns, and Federal Reserve policy signals. The Fed is widely expected to keep interest rates unchanged until at least June, with policymakers monitoring upcoming labor market data.
In currency markets, the Australian dollar rose 0.1% to $0.7061, and the New Zealand dollar gained 0.08% to $0.5961. In cryptocurrencies, bitcoin climbed 0.6% to $64,961.86, while ether advanced 0.2% to $1,866.88, reflecting cautious but resilient investor appetite.
