The Market Brief
Hey team. The dollar surged while stocks tumbled as the implementation of U.S. tariffs signaled the start of a trade war, raising concerns about its impact on global economic growth.
Let’s see what’s ahead for the market!
Impact Snapshot
🟥 ISM Manufacturing - 10:00am
Macro Viewpoint
U.S. stock index futures plummeted on Monday as concerns over a potential full-scale trade war and its effects on the global economy rattled markets worldwide.
The decline followed President Donald Trump’s decision to impose steep tariffs on Mexico, Canada, and China.
Over the weekend, Trump announced significant new tariffs—25% on imports from Mexico and Canada and 10% on China—acknowledging that they could bring "short-term" economic pain for Americans.
The move marks one of the most aggressive protectionist measures by a U.S. president in nearly a century, with wide-ranging implications for inflation, global relations, and economic growth.
Investors will also be closely watching economic data releases later in the day, including a report on January manufacturing activity.
Additionally, the highly anticipated January non-farm payrolls report is set for release on Friday.
