In European Equity Markets stocks ended January marginally lower after falling to a one-week low on Tuesday, as investors turned more realistic about U.S. President Donald Trump’s policies, even though solid economic data bolstered prospects for the region’s equities. After a volatile day on Tuesday, the STOXX fell 0.7 percent to a one week low. Data on Tuesday showed euro zone inflation had risen to just below the European Central Bank’s target, economic growth was accelerating at greater speed than in the United States, and unemployment has hit a more than seven-year low. Ocado rose 2 percent after reporting a 3.3 percent rise in full-year core earnings and saying that it was well positioned for growth.

In Currency Markets the U.S. dollar tumbled against key rivals on Tuesday and was on course for its worst month since March after U.S. President Donald Trump commented on currency devaluation by other countries and his trade adviser remarked on the euro. The dollar fell by nearly 1.5 percent against the Japanese yen after the comments, hitting its lowest since Nov. 30 of 112.07 yen. The yen showed little reaction to the Bank of Japan’s decision overnight to keep monetary policy on hold. The euro gained 1 percent against the dollar to $1.0801, its highest since Dec. 8. The dollar index also hit its lowest since Dec. 8 of 99.462 and was set to decline 2.6 percent for the month.

In Commodities Markets oil prices rose nearly 2 percent on Tuesday after news OPEC oil production has fallen sharply this month and the dollar sank. Brent crude oil was up 67 cents a barrel at $55.90. U.S. light crude was up 78 cents at $53.41. Gold reached its highest level in a week on Tuesday as unnerved investors bought bullion after the dollar was hit by U.S. President Donald Trump’s comments on currency devaluation by other countries. Spot gold climbed 1.6 percent to $1,214.19 an ounce. In other precious metals, spot silver rose 2 percent to $17.45 an ounce after hitting the highest since Nov. 11 at $17.61. Platinum rose 0.9 percent to $994.30, while palladium was up 1.8 percent at $753.

In US Equity Markets stocks extended losses in late morning trade on Tuesday, weighed down by technology and industrial stocks, amid disappointing earnings and weak consumer confidence data. The Dow Jones Industrial Average was down 0.77 percent, at 19,816.58, the S&P 500 was down 0.49 percent, at 2,269.62 and the Nasdaq Composite was down 0.51 percent, at 5,585.24. Package delivery company UPS fell 6.2 percent after posting a quarterly loss and issuing a full-year profit forecast that missed expectations. Under Armour was the biggest percentage loser on the index. The sportswear maker’s gloomy sales and forecast also dragged down bigger rival and Dow component Nike 1.3 percent.

In Bond Markets U.S. Treasury prices gained on Tuesday as President Donald Trump expressed concern about the value of the dollar, sending it lower and raising demand for safe haven U.S. bonds. Benchmark 10-year notes gained 12/32 in price to yield 2.44 percent, down from 2.48 percent late on Monday and the lowest level since Jan. 24. Portuguese and Italian 10-year yields have risen 42-44 bps each this month, on track for their biggest jump since mid-2015. French 10-year yields were also set for their biggest monthly rise since mid-2015, up around 35 bps, while German Bund yields, down 1 bps at 0.43 percent on Tuesday, were set for their biggest one-month rise since October 2016 with a rise of 23 bps.