American traders are off today, and it would be easier on them if they were the only ones trading US products (like Canada, for example). Unfortunately, the entire world is trading and selling US products even when traditional markets are closed. That’s what it is to represent the global reserve currency. After this weekend’s renewed […]
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Greenland dominated global headlines today as geopolitical risk surged back into focus. What had previously looked like an unusual diplomatic dispute escalated sharply over the weekend, forcing markets, governments, and corporates to reassess transatlantic relations and the risk of renewed trade war. The escalation followed a pledge by US President Donald Trump to impose 10%
(Partial video transcript) This week’s trading outlook Hello and welcome to this week’s “Trade of the week”, which is to stand aside. Yes, that’s right – do nothing. You are trying to trade in a very highly volatile environment at the moment, with everything that’s going on with regards to the United States (US) President and Europe.
Prior was 2.2% Inflation m/m -0.2% vs +0.1% prior BOC core 2.8% vs 2.9% prior BOC core m/m -0.4% vs -0.1% prior Core CPI % m/m +0.2% vs +0.2% prior CPI median +2.5% vs +2.8% expected CPI trim +2.7% vs +2.8% expected CPI common +2.8% vs 2.8% prior Ex gasoline +3.0% vs +2.6% prior The
Slovakia’s EU measure of inflation increased in December after remaining stable in the previous month, data from the Statistical Office of the Slovak Republic showed on Monday. The EU measure of the harmonized index of consumer prices, or HICP, rose 4.1 percent year-on-year in December, faster than the 3.9 percent increase in November. Inflation based
The Chinese economy grew by 5% last year – but this should come as no surprise to anyone. After all, this was the goal of the Chinese Communist Party, and Xi Jinping had already mentioned a few weeks ago that the growth target had been achieved. Beneath the surface, however, there are still some very
European markets retreat on trade uncertainty European equity markets suffered their steepest decline in over two months as Donald Trump’s fresh tariff threats sent investors scrambling for safety. The STOXX 600 fell approximately 1%, marking the most significant single-day drop since early November. The FTSE 100 demonstrated relative resilience, declining roughly 0.5% as defensive sectors provided support.
In retaliation, the EU looks set to void the US-EU trade truce deal agreed last year, as France plans to push the EU to activate its most powerful trade retaliation tool, the anti-coercion instrument, to be used for the first time against the US. All in all, EU officials have aimed to introduce more retaliatory
On Monday, the CAC 40 index declined by 1.4% to approximately 8,160, marking its lowest point since the end of last year. This downturn was primarily driven by heightened trade tensions between the United States and Europe, which adversely affected investor optimism. U.S. President Donald Trump issued a threat to implement a 10% tariff on
There aren’t any major expiries to take note of on the day, with the full list seen below. There are some large ones but nothing that should be too impactful, given how the state of play is developing in the major currencies space. The Japanese yen remains in focus amid intervention risks as traders continue
The EUR/USD pair gains ground to around 1.1625, snapping the four-day losing streak during the early European session on Monday. The US Dollar (USD) faces some selling pressure against the Euro (EUR) after U.S President Donald Trump threatened escalating tariffs on eight European nations that have opposed his plan to take Greenland. US markets are closed
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Nasdaq futures decline amid US trade tensions United States (US) equity markets closed modestly lower on Friday, ahead of the Martin Luther King Jr. Day long weekend. The pullback was primarily driven by President Trump’s comments indicating a preference to retain Kevin Hassett in his current role as director of the National Economic Council, rather
Summary: New home prices fall 0.4% m/m, 2.7% y/y in December Annual decline fastest in five months Majority of cities continue to record price falls Secondary market weakness persists across all tiers Property investment and sales remain deeply negative China’s December housing data point to a stubborn property slump that continues to weigh on confidence
China gross domestic product expanded a seasonally adjusted 1.2 percent on quarter in the fourth quarter of 2025, the National Bureau of Statistics said on Monday – exceeding expectations for 1.0 percent and up from 1.1 percent in the previous three months. On an annualized basis, GDP rose 4.5 percent – in line with expectations
Gold price (XAU/USD) rises to a fresh record high near $4,675 during the early Asian session on Monday. The precious metal gains momentum after US President Donald Trump said he would slap tariffs on eight European nations that have opposed his plan to take Greenland. Trump announced a 10% tariff on goods from countries including
