Analysts: Financial markets may experience a painful adjustment process in the coming weeks

According to a report by Jinse Finance, Karl Schamotta, the Chief Market Strategist of Corpay in Toronto, stated that "we expect selling pressure to hit the Mexican peso and the Canadian dollar when the Asian markets open on Monday, but it is difficult to assess how severe the decline will be. As market participants begin to take Trump's actions seriously, the financial markets may experience a painful adjustment process in the coming weeks."