President Donald Trump's inauguration ceremony at the White House was the main focus of the market at the opening of the week yesterday.
The US dollar experienced a significant decline in New York trading following the market reaction to Trump's action to temporarily halt the implementation of new tariffs and reported that the new taxes will be implemented with a refined method.
During the event, Trump also announced immigration and energy emergencies and various other foreign policy issues, including vowing to reclaim the Panama Canal.
After being warned since Trump's victory in the election last year, Canada and Mexico will face tariffs starting on February 1.
Trump signed executive orders while answering questions from the media.
Regarding the hot issue of social media TikTok at the end of last week, Trump stated that the United States must obtain a 50% stake in TikTok to continue operating in the country.
Investors will focus on announcements from the Trump administration that will have a major impact on the market after this.
For economic data that will be in focus today (Tuesday), the UK jobs report will be assessed in the European session and in the following session, Canadian retail sales data will be observed.
