UPDATE 1-Asia Morning Call-Global Markets

Reuters
2026.01.20 20:35
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Global stock markets experienced a significant decline, with the S&P 500 and Nasdaq hitting their lowest points in a month due to U.S. President Trump's renewed tariff threats against Europe. The Dow Jones fell by 800.63 points, while European shares also dropped, marking their largest two-day decline in two months. In Asia, Japan's Nikkei 225 and South Korea's KOSPI also closed lower amid market volatility. The dollar weakened, and China's yuan reached a 32-month high against the dollar, influenced by central bank actions and market sentiment.