Asian shares, precious metals and oil slumped sharply in a global market rout, as investors fretted about the outlook for US interest rates and the risk of an artificial intelligence
What happened overnight – Thursday 22nd January 2026
Asian equities mostly advanced after Donald Trump reversed course on plans to impose tariffs linked to Greenland, easing investor concerns over global trade tensions.
What happened overnight – Wednesday 21st January 2026
Asian equities extended their losing streak as concerns mounted over US threats to acquire Greenland, ahead of a closely watched speech by Donald Trump at the World Economic Forum in
US debt costs soar amid fears of an ‘inflationary Trump 2.0’ presidency
The cost of US government borrowing surged following a Supreme Court ruling that increased the likelihood of a second Donald Trump presidency.