"Stocks and Currency Sinking Around the World Due to 'America First' from Trump"

Foreign media reports say the second Donald Trump administration's policies are putting pressure on almost all financial markets other than the United States.

Bloomberg reported on the 13th local time that U.S. President-elect Trump's "America First" is sinking stocks and currencies other than the U.S.

Analysts say the perception that Trump's policy will lead to inflation and that the U.S. Fed will be cautious about further cuts in its benchmark interest rate is putting pressure on the market.

In fact, the MSCI Emerging Markets Index fell for the fourth straight session to its lowest level since Sept. 19, while the pan-European Stoxx 600 showed a similar trend.

Among emerging market stocks, Philippine stocks are starting a correction, while South Korea's Kospi has fallen to its lowest level in a year, Bloomberg said.

Looking at the value of the currency, the Japanese yen topped 155 yen per dollar for the first time since July, with some predicting that the Chinese yuan will fall 1.5% by the end of next year due to Trump's tariff bomb warning.