ASIA/PACIFIC
-The Australian stock market hit at a six-week high on Tuesday as traders pored over policy announcements from Donald Trump’s first day in office.
-Asian stocks ended on a mixed note as Trump announced plans to impose 25 percent tariffs on imports from Canada and Mexico and said tariffs on China could hinge on a deal over TikTok’s ownership.
. EUROPE
-European stocks ended the day higher as traders digested the first executive orders signed by newly inaugurated President Donald Trump.
-Investors also closely monitored developments at the World Economic Forum that kicked off on Monday in Davos, Switzerland.
. AMERICAS
North America
-U.S. stocks largely kept moving higher and the major averages all ended the day’s session on a firm note.
Latin America
-Brazil’s Ibovespa index gained momentum after Donald Trump took office without announcing tariffs on imports. This development occurred on January 20.
. AFRICA
-South African growth outlook has improved but inflation risks abound, central bank says at Davos.
-Nigeria’s NPF Pensions emerged as the best performing pension fund in 2024, delivering an impressive 38.87% return.
. MIDDLE EAST
-Most stock markets in the Gulf ended subdued on Tuesday, as investors exercised caution.
-EM banks rated low to ‘wait and watch’ treasury yields before bond issuance, Zawya wrote.
. COMMODITIES
GOLD
Spot gold climbed 1.1% to $2,741.50 per ounce, reaching its highest level since Nov. 6 while U.S. gold futures were 0.4% higher at $2,758.90, according to Reuters.
OIL
U.S. crude oil was down $1.47, or 1.89%, to $76.41 per barrel by 12:06 p.m. ET, while global benchmark Brent fell 78 cents, or 0.97%, to $79.37 per barrel.