U.S. stock market futures rose as Donald Trump was sworn in a second time.

Regular trading on the New York Stock Exchange and Nasdaq was closed for the Martin Luther King Day holiday, but there was limited futures trading.

The pan-European Stoxx 600 index closed 0.05% higher, reversing earlier losses as mining stocks led gains, up 1.2%.

S&P 500 futures closed modestly higher, up 21.75 points.

Brent crude retreated almost 1% to near $US80 a barrel.  USD falls - Crypto runs then falls back to earth.

ASX SPI up 29 - No Day One tariffs - Studies instead - BHP production report -  copper production rose 10% in the first half after its Escondida mine reached a production record.

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