Asian shares edge lower as US markets closed for Memorial Day
Tuesday, 27 May 2025 () Asian shares mostly declined amid light trading due to the US Memorial Day holiday. The Bank of Japan hinted at potential interest rate hikes following governor Ueda's remarks on rising inflation, particularly soaring food costs. Oil prices dipped, while currency markets saw the US dollar weaken against the yen and the euro. US stock futures indicated positive movement.
In this episode of "The TMI Show," hosts Ted Rall and Manila Chan tackle the escalating unrest in global securities markets following President Trump’s tariffs, announced last week..