Thailand Inflation Remains Negative for 10th Straight Month in January 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
The Canadian dollar dropped to its lowest level in nearly 22 years on Sunday after U.S. President Donald Trump imposed new tariffs on Canada, Mexico, and China. The tariffs, effective Tuesday, levy 25% on Canadian and Mexican imports, with an additional 10% on Canadian energy products and Chinese goods.
The USD/CAD pair surged 1.4% to its highest level since early 2003, while the Mexican peso slumped to a three-year low as USD/MXN spiked 2.5%. The Chinese yuan also weakened, with the offshore USD/CNH pair rising 0.5%, marking its weakest level since September 2023.
These sharp currency declines highlight growing concerns over economic slowdowns in Canada and Mexico due to their deep trade ties with the U.S. The tariffs aim to address issues like illegal immigration and fentanyl smuggling but have triggered swift retaliation.
Canada responded with 25% tariffs on C$155 billion worth of U.S. goods, while Mexico and China promised countermeasures, though specifics remain undisclosed. Analysts warn that escalating trade tensions could fuel further market volatility and non-USD currency depreciation.
Nomura analysts cautioned that additional retaliatory actions could intensify the trade war, exacerbating risks for global markets. Investors are bracing for heightened uncertainty as the impact of these tariffs unfolds in the coming weeks.
