MUFG: Global markets slide on Trump’s Greenland tariff threat
European Stoxx futures are down 1.3% and S&P 500 futures have fallen 0.9% as market participants react to President Trump’s…
Month: January 2026
Gold hits record high as Trump’s Greenland tariff threat sparks safe-haven buying
Gold (XAU/USD) opened the week with a significant bullish gap, propelling prices deeper into uncharted territory as safe-haven demand intensified.…
Steady Canadian inflation outlook for December strengthens case for BoC pause
Statistics Canada is scheduled to release December’s inflation data on Monday. These figures will provide the Bank of Canada (BoC)…
AUD/USD rallies towards 0.6700 as US-EU tensions weigh on the Dollar
During Monday’s European trading session, the AUD/USD pair advanced 0.25%, rising to near the 0.6700 level. The Australian Dollar’s strength…
Sterling advances against a softer US Dollar; focus shifts to upcoming UK data
During Monday’s European trading session, the Pound Sterling (GBP) gained 0.15% against the US Dollar (USD), trading near the 1.3400…
Commerzbank expects US crude output to drop as prices stay weak
Commerzbank commodity analyst Carsten Fritsch notes that while the oil market currently faces a significant surplus of roughly 2.8 million…
Silver plunges as geopolitical risks fade and Fed policy weighs
On Friday, Silver (XAG/USD) is trading near $89.70, marking a 2.50% daily decline and continuing the correction from its recent…
GBP/USD holds steady near 1.3380 as robust data lifts the US Dollar
During Friday’s North American session, the GBP/USD pair is consolidating sideways near 1.3380. Although Sterling reached a daily high of…
Commerzbank: OPEC+ Production Falls Short of December Targets
Supply Shock: Drone Attacks Slice OPEC+ Output Global oil oversupply might not be as bad as the market feared, thanks…
JPY Rally Continues Amid Heightened Intervention Risks, Reports Scotiabank
Scotiabank: JPY Outperforms as Intervention Threats Mount According to Scotiabank strategists Shaun Osborne and Eric Theoret, the Japanese Yen (JPY)…