Markets swung hard into risk-off mode Monday as Trump’s Greenland tariff threats reignited US-Europe trade war fears and sent investors scrambling for safety.Gold surged to near $4,700/oz, and silver spiked above $94, crushing the dollar and rattling European equities.Geopolitical shockwaves deepened after Trump invited Putin to a paid “Board of…
Federal Reserve Chair Jerome Powell will attend Supreme Court oral arguments on Wednesday, a rare public show of institutional support as justices decide whether President Trump can fire Fed Governor Lisa Cook.The case tests whether the president’s removal power overrides decades of Fed independence protections or whether Cook’s “for cause”…
Japanese Prime Minister Sanae Takaichi’s proposal to suspend the sales tax on food has unsettled bond markets, highlighting concerns that she lacks a clear funding plan and may push fiscal policy in a more expansionary direction.Sales tax cut raises funding questionsTakaichi has proposed a two-year suspension of the sales tax…
US President Donald Trump has warned of a 200% tariff on French wines and champagnes in a sharp escalation linked to his proposed global peace initiative. The move comes after reports said France might not join Trump’s newly announced Board of Peace, a platform aimed at resolving international conflicts through…
China plans to roll out a fresh set of policies from 2026 to 2030 aimed at lifting domestic consumption and addressing what officials describe as “prominent” imbalances between supply and demand, with a sharper focus on the services sector, the country’s top economic planner said on Tuesday.The move comes as…
The slowdown in the UK jobs market became more evident in the run-up to November’s budget, as new figures revealed a sharp drop in payroll employment and weaker wage growth.Official data released on Tuesday highlighted the largest monthly fall in payrolled jobs since late 2020, signalling a tougher environment for…
UnitedHealth Group (NYSE: UNH) remains in focus ahead of the health insurance company’s Q4 earnings scheduled for next week on January 27th.But for long-term investors, its upcoming earnings – even if they beat expectations – may not mean much given the macro environment is turning against UNH under the Trump…
Gold stocks are inching “meaningfully” higher this week as the underlying commodity (gold) itself climbed to a fresh all-time high of nearly $4,700.Spot gold prices have staged a dramatic rebound from their recent low of “$4,200” as geopolitical tensions continue to cross borders.The recent rally underscores gold’s enduring role as…
Markets swung hard into risk-off mode Monday as Trump’s Greenland tariff threats reignited US-Europe trade war fears and sent investors scrambling for safety.Gold surged to near $4,700/oz, and silver spiked above $94, crushing the dollar and rattling European equities.Geopolitical shockwaves deepened after Trump invited Putin to a paid “Board of…
European capitals are weighing their response to President Donald Trump’s latest tariff threat, this time tied to his controversial push to acquire Greenland.While the White House has signaled duties of about 10% on eight NATO allies beginning February 1st, analysts warn the real battle may not be fought at the…