Most stock markets in the Gulf ended higher on Wednesday amid general caution in response to U.S. President Donald Trump's recent policy announcements, with the Qatari index outperforming thanks to strong corporate earnings.

Global stock markets rose on Tuesday, after US President Donald Trump stopped short of announcing new tariffs on his first day in office. The three main US indexes ended the day higher, while shares in Europe and Asia also made modest gains.

Donald Trump sparked a bout of tumult in financial markets hours after his inauguration as he threatened to hit Mexico and Canada with big tariffs. Speaking in the Oval Office late on Monday, Trump said he could enact tariffs of 25 per cent against both countries as soon as February 1,

Many are expecting the focus to be on tariffs, but the US dollar and equities are set to grow as a result of Trump's presidency. The second Trump administration could have a number of impacts on global markets post-inauguration, but what is most likely?

Global markets were volatile while the dollar rebounded on Tuesday in choppy trading as Donald Trump returned to the White House. President Trump did not immediately impose tariffs on Monday as previously promised,

Markets are poised to open with gains Tuesday, the first day of trading under the second administration of U.S. President Donald Trump. Futures for the S&P 500 and Dow Jones Industrial Average rose about 0.