US greenback rising nonetheless in Asia commerce – Trump tariff commerce battle on Colombia hits FX, threat

The USD is solidly greater and fairness index futures on globex are decrease. The information hit earlier:

• Trump slams Colombia with tariffs after it turns again migrant deportation planes

• Colombian president orders enhance of import tariffs on US items

• USD up, fairness indexes down as Trump kicks off commerce battle with tariffs

• Trump is making an instance of Colombia – unnamed White Home supply

And the WSJ with this on maybe extra to return:

• Trump aides need to hit Canada, Mexico with tariffs as quickly as February 1 – earlier than talks

Combine in NVDA/NQ collapsing:

• NVDA inventory, NQ futures have each slipped on a steaming pile of DeepSeek

and poor information from China:

• China official PMI information for January 2025: Manufacturing 49.1 (anticipated 50.1)

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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