Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
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.
