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GLOBAL MARKETS-Dollar Rebounds on Trump Tariff Warning; Stocks Point Lower

November 26, 2024, 07.59 AM | Source: Reuters
GLOBAL MARKETS-Dollar Rebounds on Trump Tariff Warning; Stocks Point Lower

ILUSTRASI. The dollar jumped 1.5% to 20.58 Mexican pesos early in the Asian day, and climbed 0.84% to C$1.4103. It added 0.14% to 154.43 yen. illustration photo. REUTERS/Thomas White/Illustration/File Photo

GLOBAL MARKET - TOKYO. The dollar rose against major peers on Tuesday after U.S. President-elect Donald Trump threatened Canada and Mexico with a 25% tariff on all imports into the United States.

Stocks were weak after strong gains globally in the previous session following fund manager Scott Bessent being nominated as Treasury Secretary, considered by investors as a voice for Wall Street in Washington.

Read Also: GLOBAL MARKETS-Stocks Climb with Bonds, Dollar Dips as Markets Cheer US Treasury Pick

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