# Global markets rose today after a record day on Wall Street in response to Donald Trump’s tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the Bank of Japan. In a much-anticipated speech via video link at the World Economic Forum in Davos, Switzerland, Trump pushed for lower interest rates and said he would cut taxes for companies investing in the United States while imposing tariffs on those who do not. He also called on Saudi Arabia and OPEC to lower oil prices.
Markets rise after record day on Wall Street