The Australian dollar fell to a popular age, ASX fell, and the price of cryptocurrencies was shattered because investors were scrambling on Monday to prepare for the global trade war caused by Donald Trump's new tariff regime.

Traders even make money from the hedge of historical provinces to promote raising cash reserves to prevent it from becoming a wave of margin calls.

U.S. Presidents impose 25 % of imported taxes for Canada and Mexico among all products other than Canada, which will face 10 % tariffs. China will also face 10 % tariffs, and the new collection is planned to begin on Tuesday.

The target country has begun to retaliate.

Elsa Lignos, the head of the Global Foreign Exchange Strategy of the Royal Bank of Canada Capital Market, said the differences between those who regard tariffs as "we are not a huge impact for us". Tariffs.

"I sat in the previous camp," Lcenos said.

LIGNOS no longer believes that Trump's main goal is to "win" in trade negotiations. On the contrary, she said that US president believes that tariffs will be new income tax.

In the later afternoon, the S & P/ASX200 index in Australia accounted for more than 1.8 % of its value. The futures market pointed out that when the transaction resumes, the US stock market declines similarly.

However, waterfalls are more dramatic in other asset categories, and the Australian dollar has fallen below 61 cents. This is the level that has never been seen since the collapse of the big pop market in March 2020.

The Australian dollar is considered a risk currency and is highly exposed to China.

IG Australia market analyst Tony Sycamore said that in view of China's response has been relatively measured because it has promised revenge. Beijing has not announced any new tariffs.

Chinese officials also said that tariffs violated international trade regulations and they will file a complaint to the World Trade Organization.

Although Bitcoin fell 7 % on Monday to transactions below 94,000 US dollars, the world's second largest cryptocurrency Ethereum (Ethereum) decreased by 25 %. Even the fluctuation standards of digital currencies decreased significantly.

interest rate

The market structure is consistent with the release of the latest retail data in Australia, which proves elasticity when facing the pressure of continuous living costs.

Although many shoppers purchased Christmas gifts a month before using Black Friday sales, Australian retail fell in December, but sales increased by 4.6 % over the same period last year.

Family supplies expenditure in December was very strong, rising by 1.6 %, and the family cut a typical clothing and shoe purchases.

AMP economist My Bui said that despite the powerful title number, Australian reserve banks will still reduce the formal cash rate next month.

She said: "The rebound of home supplies expenditure is also driven by many promotional activities, such as earlier Black Friday sales and Internet Monday (December this year), which means that consumers are still bargaining."

The market's pricing is 95 % of the opportunity of this month, which has reduced 25 basis points, which is the latest data that supports inflation pressure. The four major retail banks in Australia are expected to reduce tax rates.

Cantar said on Monday that the financial comparison website was the first peer in Australia's National Bank in 2025. It was announced that the Gali Reserve Bank decided on February 18 to make a fixed interest rate mortgage loan.