Dow

Asian markets advanced on Tuesday, with Japan’s Nikkei 225 share benchmark initially shooting up more than 6% after it fell nearly 8% a day earlier.

There were big swings in US stock throughout Monday’s trading session after Trump warned he could raise tariffs even further.

The euro surged to a nearly five-month high against the US dollar following Trump’s tariff announcement. The greenback weakened against most other currencies as US government bond yields slumped on a deteriorating economic outlook. Meanwhile, the reciprocal tariffs rattled küresel markets.

The Bank of England kept rates steady at 4.5% on Thursday, as inflation remains sticky and küresel uncertainty ratchets up.