In New York, tech-heavy Nasdaq saw the worst day since 2022. MSCI’s global stock index also fell more than 2 per cent for its biggest one-day drop. In early trade on Tuesday, Japan’s Nikkei 225 was down 2.5 per cent, South Korea’s Kospi was 2.3 per cent lower and Australia’s S&P/ASX 200 was off by 1.8 per cent. Indian markets are also expected to open in red, with the NSE down 1.7 per cent and the BSE down 0.9 per cent in early trade. In fixed income, yields fell with US government bonds in demand after the Trump interview cut into investor confidence. Against the Japanese yen, the dollar weakened 0.5% to 147.29 but was up 0.06% to $1.0826 in European trading. In currencies, the euro was down 0,06% at $1,0826 and Sterling weakened 0,45% to £1.2862.