Global Markets on Edge: Trump's Tariff Speculations Stir Investor Sentiments
Asian and U.S. stock markets fluctuated as speculations about President-elect Trump's tariff policies circulated. The Washington Post reported potential tariff plans, causing market shifts. European stocks faced a downturn, while global currencies experienced fluctuations amidst anticipation of upcoming economic reports and central bank meetings.

Asian markets mirrored the positive sentiment seen on Wall Street, with Japan's Nikkei leading the charge by climbing 2%, propelled by tech stock gains. Investors were cautiously optimistic about a less severe tariff stance from President-elect Trump.
However, European markets braced for a decline after gains the previous day. Meanwhile, the U.S. markets showed slight decreases in futures trading amid new tariff speculation. The Washington Post's report regarding potential tariffs targeted at certain critical sectors affected the dollar's performance, although Trump's denial via social media countered some market reactions.
Globally, currencies and commodities experienced mixed movements. The euro and sterling rose slightly, while oil prices ticked lower. Financial markets await key economic data releases from the U.S., including the December nonfarm payrolls report, which will be crucial in shaping Federal Reserve rate expectations.
(With inputs from agencies.)
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