This Monday, January 20th, while Donald Trump is sworn in as president of the United States for the second time, stock indices in Mexico show moderate gains. Meanwhile, TikTok has begun to restore its services for users in the US, following Trump's promises to allow access once he returns to power, according to Monex.
In the Asian session, the markets recorded gains after the conversation between Donald Trump and Xi Jinping on Friday, an interaction that Trump described as positive, noted Banco Base. The Japanese Nikkei rose 1.17%, Hong Kong's Hang Seng advanced 1.75%, and the Shanghai CSI 300 gained 0.45%. In Europe, Germany's DAX rose 0.45%, Spain's IBEX 35 gained 0.27%, Paris's CAC 40 increased 0.24%, and London's FTSE 100 was up 0.19%.
Oil prices fell at the beginning of the week, with WTI dropping 2.03% to $76.30 per barrel and Brent decreasing 1.53% to $79.55. Wall Street remains closed for Martin Luther King Jr. Day.
In Mexico, the S&P/BMV IPC of the Mexican Stock Exchange (BMV) increased 0.43%, reaching 50,156.60 points, while the FTSE BIVA rose 0.59% to 1,017.64 points. Monex highlighted that global stock markets are presenting mixed movements at the start of the week due to Trump's inauguration, where his first executive orders related to tariff issues, immigration, environmental, and political matters are expected.
