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GLOBAL MARKETS-Dollar Steady and Stocks Climb with All Eyes on Trump 2.0

January 22, 2025, 05.27 AM | Source: Reuters
GLOBAL MARKETS-Dollar Steady and Stocks Climb with All Eyes on Trump 2.0

ILUSTRASI. U.S. President Donald Trump and first lady Melania Trump attend the Starlight Ball on Inauguration Day of Donald Trump's second presidential term in Washington, U.S., January 21, 2025. REUTERS/Carlos Barria

GLOBAL MARKET - NEW YORK/LONDON. World stocks rose on Tuesday and the dollar gained after plunging the previous day as Donald Trump's return to the White House brought mixed messaging on tariffs and highlighted markets' twitching about trade policy.

The Canadian dollar and Mexican peso bore the brunt of the market swings after Trump said he was mulling imposing 25% tariffs on the neighboring countries as soon as Feb. 1.

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