Asian Shares Dip on Trump's Tariff Threats, Yen Holds Strong Amid Intervention Speculation

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CNBC TV18•27-01-2026, 06:23
Asian Shares Dip on Trump's Tariff Threats, Yen Holds Strong Amid Intervention Speculation
- •Asian shares declined due to renewed concerns over tariffs after US President Donald Trump threatened higher levies on South Korean goods and 100% tariffs on Canadian products.
- •The Kospi index fell 0.9%, and the South Korean won weakened; Japanese equities also dropped, weighed down by a stronger yen.
- •The yen traded near 154 per dollar, holding gains amid speculation of potential US-Japan coordinated intervention to prevent further currency slides.
- •Gold and silver reached near record highs, while a dollar index remained steady around 2022 levels.
- •US natural gas prices surged by about 30% after a winter storm knocked 12% of production offline, and the Federal Reserve is expected to pause rate cuts.
Why It Matters: Trump's tariff threats and yen intervention speculation are impacting Asian markets, while US energy prices soar.
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