1. The US stock market rose on the inauguration day of President Donald Trump.
On January 20, 2025, key indicators of the US stock market rose sharply. The S&P 500 index increased by 1%, while Nasdaq rose by 1.51%. Investor optimism regarding President Trump's second term, especially the business support policies, has driven this increase.
2. Oil prices fell nearly 2% after President Trump's inauguration.
WTI oil prices fell nearly 2% on January 20, 2025, after President Donald Trump was sworn in for a second term and announced that he would immediately declare new policies. Uncertainty regarding the new administration's energy policies has affected oil prices.
3. Global gold prices decreased slightly.
Gold prices have recouped some of their losses at the beginning of the session on January 20, 2025, as investors await President Donald Trump's policies. Investors' caution regarding potential policy changes has affected the price of this precious metal.
4. The USD plummeted after the Trump administration confirmed the delay of tariffs.
The greenback dropped sharply on January 21, 2025, after the Trump administration confirmed it would not impose tariffs immediately after the inauguration. This decision impacted the foreign exchange market, causing the USD to weaken.
5. The assets of the ultra-rich have reached an 'unimaginable' level.
The wealth of the ultra-rich is accelerating at an unprecedented rate in history, pushing the global wealth gap to a new record high in 2025. The stock market boom and high-yield investments have contributed to this trend.
6. Prime Minister Pham Minh Chinh attended the WEF Davos Conference.
On the evening of January 20, 2025, Prime Minister Pham Minh Chinh, along with his wife and a high-level Vietnamese delegation, arrived in Switzerland to attend the 55th Annual Meeting of the World Economic Forum (WEF Davos). During the conference, the Prime Minister will participate in several important discussions on global and regional economics.
7. The Syrian government launched a trade war with Russian goods.
Russian goods will find it difficult to access the Syrian market after the new government takes over the country.
