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Maroc Maroc - WN.COM - Americas - 30/Jan 06:06

Morning Brief: Asian stocks slide; Trump threatens 50% Canada tariffs

Global markets faced renewed pressure on Friday as investors digested signals around the next US Federal Reserve chair, escalating trade threats from President Donald Trump, a deepening selloff in cryptocurrencies, and policy moves in Indonesia following sharp equity volatility.Asian markets slide as Fed chair speculation lifts dollar, yields Stocks across Asia fell sharply while the US dollar and Treasury yields rose after President Donald Trump said he had firmed up his choice for the next Federal Reserve chair, with reports pointing to Kevin Warsh as the likely nominee. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped as much as 0.7%, extending the previous day’s...

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