Global markets reach record peaks as safe haven assets surge amid policy uncertainty

Global equity markets reached record highs on Tuesday while safe havens surged. Investors balanced bank profits against rising geopolitical and policy risks.

Insights:
World shares hovered around record highs on January 14, 2025, as major equity benchmarks in Asia and Europe surged to all-time peaks. In Japan JPJP, the Nikkei 225 rose by more than 1 percent to reach a historic high, supported by local investor optimism. In the United States USUS, market sentiment was more tempered as futures for the S&P 500 Index slipped by 0.4 percent in premarket trading. This mixed performance reflects a rotation from domestic assets toward international markets as traders navigate domestic policy questions.
The graph of the German share price index DAX is pictured at the stock exchange in Frankfurt, Germany, January 13, 2026. REUTERS/staff
The graph of the German share price index DAX is pictured at the stock exchange in Frankfurt, Germany, January 13, 2026. REUTERS/staff
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