---
title: "What happened overnight – Monday 3rd February 2025"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-02-03T07:28:52+00:00"
modified: "2025-02-03T07:28:52+00:00"
date: 2025-02-03
canonical: "https://www.share-talk.com/what-happened-overnight-monday-3rd-february-2025/"
category: "B2B"
categories: ["B2B", "Blogs", "Exclusive Interviews", "Technology", "Technology, Media & Telecoms"]
tags: ["AI-focused", "Asia", "Asia-Pacific index", "Asian market", "Asian markets", "Asian trading", "Bank of England", "Bank of Japan", "Bank of New York", "Beijing", "bond market", "Brent Crude", "china", "chips", "currency", "Dow Jones", "Federal Reserve", "Hong kong", "India", "Jakarta", "Japan", "JP Morgan", "Manila", "Nikkei", "Nvidia", "Russia", "semiconductor", "Sensex", "Seoul", "shanghai", "Shenzhen Composite Index", "Singapore", "South Korea", "Sydney", "Taipei", "Treasury yields", "U.S. bond market", "U.S. dollar", "U.S. stocks", "U.S. Treasury", "US recession", "USA", "Wall Street", "Wellington", "White House"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/01/WORLD-750x406-1.webp?fit=750%2C406&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# What happened overnight – Monday 3rd February 2025

**Published:** February 3, 2025
**Author:** sharetalk
**Categories:** B2B, Blogs, Exclusive Interviews, Technology, Technology, Media & Telecoms
**Tags:** AI-focused, Asia, Asia-Pacific index, Asian market, Asian markets, Asian trading, Bank of England, Bank of Japan, Bank of New York, Beijing, bond market, Brent Crude, china, chips, currency, Dow Jones, Federal Reserve, Hong kong, India, Jakarta, Japan, JP Morgan, Manila, Nikkei, Nvidia, Russia, semiconductor, Sensex, Seoul, shanghai, Shenzhen Composite Index, Singapore, South Korea, Sydney, Taipei, Treasury yields, U.S. bond market, U.S. dollar, U.S. stocks, U.S. Treasury, US recession, USA, Wall Street, Wellington, White House
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/01/WORLD-750x406-1.webp?fit=750%2C406&quality=80&ssl=1)

---

Asia’s markets mostly declined amid rising concerns that President Donald Trump may impose tariffs on key US trading partners.

Japan’s Nikkei 225 dropped 2.7% to 38,520.09, and Australia’s S&P/ASX 200 fell 1.8% to 8,379.40. South Korea’s Kospi slid 2.5% to 2,453.95, while Hong Kong’s Hang Seng dipped 0.3% to 20,159.56, and China’s Shanghai Composite edged down 0.1% to 3,250.60.

On Wall Street, the previous week ended in losses. The S&P 500 declined 0.5%, the Nasdaq composite fell 0.3%—marking its first weekly drop in three weeks—and the Dow Jones Industrial Average dropped 0.8%. About 75% of the stocks in the S&P 500 closed lower, with technology and energy companies leading the sell-off.

In energy markets, US benchmark crude oil increased by $1.10 to $73.63 per barrel, while Brent crude, the international benchmark, rose 40 cents to $76.07 per barrel.

In currency trading, the US dollar gained slightly, moving to 155.55 Japanese yen from 155.18 yen, and the euro declined to $1.0226 from $1.0363.

After President Donald Trump warned over the weekend that tariffs on Europe “will definitely happen,” the euro tumbled by as much as 2.3% against the US dollar, falling to a low of $1.0125—its weakest point since November 2022.

Meanwhile, the US dollar experienced a robust surge, rising by up to 0.8% to hit an all-time high of 7.3765 Chinese yuan in offshore trading, while onshore markets remain closed for the holidays. It also appreciated by as much as 2.8% against the Mexican peso, reaching 21.2547 pesos—the strongest level recorded since March 2022—and gained 1.4% to C$1.4755, a rate not seen since 2003.

---

**Original URL:** https://www.share-talk.com/what-happened-overnight-monday-3rd-february-2025/
*Created by [WP Markdown Endpoint](https://wpmarkdownendpoint.com/)*