Introducing Surge - Intelligent Book and Execution Optimisation Platform

The dollar had another strong performance overnight, outperforming all G10 currencies. This time, the boost came from Chair Powell’s comments suggesting the Fed may take its time easing policy.

In the U.S., the new Department of Government Efficiency will be headed by Elon Musk and entrepreneur Vivek Ramaswamy.

Trump trades dominate proceedings; the Hang Seng is down 3% as speculation builds that President Trump is poised to pick two individuals, Marco Rubio and Mike Waltz, with track records of criticizing China, for key positions in his new administration.