Stock markets in the Asia-Pacific region have moved higher after President Donald Trump outlined a pro-business agenda for his second term in the White House and stopped short of imposing new trade tariffs on his first day in office.

Monday will be an especially noteworthy day on America’s calendar — and it’s one that will be marked by various closings, including that of financial markets.

Here's what you need to know about whether U.S. stock markets will be open on Martin Luther King Jr., Day this year.

Is the Stock Market Going to Soar Under President Donald Trump (as It Did During His First Term)? Here's What History Has to Say.

The stock markets in the United States are closed on Monday, January 20, on account of Martin Luther King Jr. Day holiday. Every year on Martin Luther King Jr. Day, the federal government is closed and people across the US take part in a day of service.

Trump trade has peaked, said V K Vijayakumar of Geojit Financial Services adding that the decline in US bond yields and the dollar index are indications of this.

The dollar weakened ahead of the inauguration, as the Trump administration signaled that new tariffs would not be imposed on the new president's first day in office. Start the day smarter. Get all the news you need in your inbox each morning.

Chinese stocks opened higher and the yuan strengthened in a cautious start to Tuesday, as U.S. President Donald Trump's inaugural policies suggested he will negotiate rather than immediately impose hefty tariffs on trading partners.