The expectation around President-elect Donald Trump’s first press conference was enormous. The investors were hugely disappointed when Trump failed to elaborate on the effective economic plans. There was no information on the new economic policy or when it will be implemented. As a result, Dollar weakened and it continues to lose throughout the week. The Asian markets slipped slightly on Friday, but they show signs of positive growth. Dollar on the other hand is expected to close the week as a losing week.

The trade data from China didn’t have a major influence in the market conditions. The exports reduced greatly, losing 6.1%, much greater than the forecasted value. Similarly, the imports also went against the forecast. China is one of those countries that will face worse times if Trump follows the anti-globalization trend. China’s economy heavily relies on its exports and if Trump manages to brand China as a currency manipulator, it would lose out on exports.

China is one of those countries that will face worse times if Trump follows the anti-globalization trend.

The MSCI index out of Japan reduced by 0.2% even though it reached its highest value since October previously. For the week, the MSCI index gained 1.8%. Wall Street didn’t have a good day on Thursday as major indexes lost. Nikkei stock index of Japan increased by 0.5%.

Investors expect that the new Trump administration will repeal Dodd-Frank financial reforms that were enforced after the bank bailouts and financial crisis. As the US treasuries are set to rise in future, Japanese Yen won’t gain much further against the dollar.