Market News
Dollar rebounds sharply, futures rise as Trump 2.0 jolts markets - REUTERS
By Rae Wee and Harry Robertson
Summary
- Trump tariff threats on Mexico, Canada hammer currencies
- Investors skittish over further policy rollouts
- U.S. futures gain, European stocks tick higher
SINGAPORE/LONDON, Jan 21 (Reuters) - The dollar rebounded sharply on Tuesday after plunging hours earlier as Donald Trump's first day back in the U.S. presidency brought mixed messaging on tariffs and highlighted investors' sensitivity to headlines about trade policy.
U.S. stock futures rose after bouncing around on Monday as traders digested Trump's statements on economic policy and trade levies, while European equities eked out small gains.