Brief by Shorts91 Newsdesk / 11:02am on 22 Jan 2026,Thursday International
Global financial markets rebounded sharply as U.S. President Donald Trump walked back threats to impose tariffs on several European countries and ruled out seizing Greenland by force, easing investor concerns about potential trade wars. European stocks climbed, and Asian equities, especially South Korean markets, strengthened, lifting broader indexes. The U.S. S&P 500 notched its largest gain in months, while gold prices retreated from recent highs and the U.S. dollar steadied. Positive Australian jobs data lifted the Australian dollar, and traders eyed upcoming central bank meetings and economic data. Despite relief, analysts cautioned that volatility could return amid geopolitical uncertainties. (PC: AP)
