The dollar rises, and Asia shares shrink its profits after the announcement of Trump's plans

The dollar has risen while Asian stocks have reduced their early profits, after US President Donald Trump announced he plans to impose customs duties on Mexico and Canada next month, a step he threatened during his campaign. The US currency recorded profits before all its peers of the ten group, with the exception of the Japanese yen, and the yields of US Treasury ties increased after Trump’s statements about its plans to set up up to 25% on Mexico and Canada by February 1. On the other hand, the Chinese markets witness witnessed serious fluctuations after Trump decided not to give a new fees to China on his first day of his post. unchanged. This tensions came in Asian markets after the US equity futures were recorded on Monday, with Trump’s tips that he would not impose new customs duties immediately by executive orders. According to the Wall Street Journal report, the president plans to issue an extensive federal agencies memorandum to study current commercial policies and relationships with both China, Canada and Mexico. Trump restores the threat of fees. Investors are awaiting the impact of commercial policy, says Sharshanana, the investment strategy in “Saksu Markets” in Singapore: “As expected, the ceasefire period did not last long as the latest reports indicate that the fees were postponed but not canceled.” She added: “It seems that the focus is currently on Canada and Mexico, while the hope of negotiation remains with China, indicating the possibility of continued support for Chinese markets.” The Canadian and Mexican currency fell 1.4% after Trump’s threats to impose fees, while the Bloomberg index of the dollar rose 0.7% after falling 1.1% on Monday. The yield on US treasury bonds also dropped 10 years by 8 basis points to 4.54%. Investors are awaiting the first executive orders issued by the White House, after Trump undertook to quickly implement the agenda ‘America First’. Since its victory in the November election, the global markets have seen widespread unrest, from Australian dollar to European stocks, amid the fear that large -scale duties will lead to an increase in global trading tensions. Meanwhile, the dollar recorded an increase in the transformation of the federal reserve in a more cautious position over the mitigating monetary policy. “We are thinking about laying up 25% fees on Mexico and Canada because it allows a large number of people to enter ‘the United States’,” Trump told reporters at the Oval Office. He added, “I think we will do it on February 1st.” Also read: Some of the drawings to withdraw the health organization. Trump starts his second term, and the Yen is winning. Performance from Asian currencies, as traders have prepared their positions for the possibility of the bank or Japan to raise interest rates during the meeting scheduled on Friday. First term. “With 25% installed as a starting point, the markets will undoubtedly start with the possibility of setting up higher fees on China, which could be the next goal in Trump’s commercial agenda,” said John Rong Yip, Ig Asia Pte. He added: “Given the future, we can expect to impose fees with an ‘intensity and accuracy’, but the current circumstances may prefer a more interactive approach instead of a proactive approach.” In the commodity markets, oil prices have dropped with the survey of investors of a series of executive promises and orders issued by Trump, which includes plans to improve local production. Bitcoin also continued to decline for the fourth day in a row. The effects of Trump’s inauguration and its potential consequences in the markets during the Asian trade session provided their opinions on the effect of US President Donald Trump’s assumption of his position, amid expectation of increasing customs duties on China and high trading tensions. Conter -Lao, Chinese stock -heading strategy in Goldman Sachs: “Our basic expectations indicate that the United States will increase customers on China by 20 percentage points, but the timing of implementation is still contradictory. Fiona Lim, the largest currency strategy in ‘Malayan Banking’: ‘ From the escalation of tense trading policies, the yuan will negatively affect. External Yuan can increase. Consumer Price Index (CPI) in Canada. Wednesday: A letter to European Central Bank President Christine Lagarde and other officials on the Davos Forum. Thursday: South Korea’s gross domestic product. Consumer confidence index in the eurozone. Trump’s participation in the World Economic Forum through an online dialogue session. Friday: Inflation data and interest in Japan. Acquisition directors (PMIs) in India, the Eurozone and the UK. Words of European Central Bank Cristin Lagarde and CEO of Black Rock Larry Fink in Davos.