Asian shares were mixed in mostly muted trading on Tuesday, despite anticipation for a market reaction to the inauguration of U.S. President Donald Trump. Some analysts said the inauguration would inject optimism into global markets,

Monday will be an especially noteworthy day on America’s calendar — and it’s one that will be marked by various closings, including that of financial markets.

World shares are higher ahead of the inauguration of U.S. President-elect Donald Trump, while bitcoin surged to a record high.

The stock markets in the United States are closed on Monday, January 20, on account of Martin Luther King Jr. Day holiday. Every year on Martin Luther King Jr. Day, the federal government is closed and people across the US take part in a day of service.

Sentiment also was helped by upbeat comments by U.S. and Chinese officials ahead of President-elect Donald Trump's inauguration later Monday. Pledges by both sides to work to improve relations may have alleviated some concerns over trade tensions that have built up as businesses brace for a possible increase in tariffs on Chinese exports to the U.

Stock markets in the Asia-Pacific region have moved higher after President Donald Trump outlined a pro-business agenda for his second term in the White House and stopped short of imposing new trade tariffs on his first day in office.

Asia-Pacific markets are expected to gain Tuesday, as investors await greater clarity on policies that U.S. President Donald Trump will unveil following his inauguration. In Japan, the benchmark Nikkei 225 was set to rise,