News
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Bessent says Fed's Powell should not attend Supreme Court hearing on Cook case
Bessent calls Powell's attendance in court a "real mistake"Democratic senators demand records on Powell probeCook's firing attempt seen as cover for policy influence WASHINGTON, Jan 20 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Tuesday it would be a mistake for Fede...Reuters
Wed, Jan 21
US bank stocks fall as investors await credit card rate cap deadline
Jan 20 (Reuters) - U.S. bank stocks fell on Tuesday in a broader market decline as investors waited to see if the Trump administration's deadline the same day to implement a 10% cap on credit card interest rates would take effect.Reuters
Wed, Jan 21
China can't make consumers buy goods, so it leans on services to drive economy
China to extend subsidies beyond goods to servicesBeijing bets on services as goods demand faltersChina's services sector faces chronic supply bottlenecksEconomic rebalancing to be gradual, hinges on policy resolveDeeper reforms key to raising household incomes and welfareBy Kevin Yao BEIJING...Reuters
Wed, Jan 21
Netflix slightly beats revenue estimates, shares slide amid bidding war for Warner Bros
Netflix's revenue surpasses expectations at $12.1 billionNielsen attributes viewership rise to "Stranger Things" and NFL gamesNetflix pursues Warner Bros acquisition with $82.7 billion all-cash offer LOS ANGELES, Jan 20 (Reuters) - Netflix NFLX.O beat Wall Street's revenue and ear...Reuters
Wed, Jan 21
Dollar down as 'Sell America' trade revives; yen slumps on Japan fiscal worries
Trump's Greenland gambit spur selloff in dollar, Treasuries and stocksJapan premier pledges looser fiscal policy after calling snap electionEuro, Swiss franc biggest beneficiaries of dollar, yen sellingBy Kevin Buckland TOKYO, Jan 21 (Reuters) - The dollar languished near three-week lows agai...
Reuters
Wed, Jan 21
Asian shares extend selloff, global bond rout stokes fresh anxiety
"Sell America" fears grip Wall Street, futures edge up JGB yields retreat as global bond rout pauses for now All eyes on Trump's Davos speech, Greenland threatsBy Stella Qiu SYDNEY, Jan 21 (Reuters) - Asian stocks extended their losses for a third session on Wednesday, undone by heigh...Reuters
Wed, Jan 21
Silver Price Forecast: XAG/USD holds gains near $95.00 amid safe-haven demand
Silver price (XAG/USD) hovers around an all-time high of $95.89, reached in the previous session, currently trading around $94.80 per barrel during the Asian hours on Wednesday. Precious metals, including Silver continue to attract buyers amid rising geopolitical tensions.
Fxstreet
Wed, Jan 21
WRAPUP 6-Trump links Greenland threat to Nobel Peace Prize snub, EU prepares to retaliate
Trump declines comment on potential use of force to seize GreenlandGreenland push strains NATO and EU-US trade relationsEU considers tariffs on $108 billion of US importsTrump due in Davos this week By John Irish and Nora Buli PARIS/OSLO, Jan 19 (Reuters) - U.S. President Donald Trump has linked ...Reuters
Tue, Jan 20
Trump's Europe tariff threat over Greenland revives talk of 'Sell America' trade
LONDON, Jan 19 (Reuters) - U.S. President Donald Trump's renewed tariff threats against European allies amid rising tension over Greenland have revived talk of the 'Sell America' trade that emerged in the aftermath of his sweeping Liberation Day levies last April.Reuters
Tue, Jan 20
Citi downgrades European equities to neutral after Trump's tariff threats
SINGAPORE, Jan 20 (Reuters) - Citi downgraded continental Europe on Tuesday to "neutral" for the first time in over a year, saying the latest step-up in transatlantic tensions and tariff uncertainty dented the near-term investment case for European equities. U.S. President Donald Trump over ...Reuters
Tue, Jan 20
Trump declines to say whether he would use force to seize Greenland, NBC News reports
Jan 19 (Reuters) - U.S. President Donald Trump declined to say whether he would use force to seize Greenland in an interview published in NBC News on Monday."No comment," Trump told the network in a brief telephone interview when asked if he would use force to seize Greenland.Reuters
Tue, Jan 20
Fed's Powell to attend Supreme Court argument on Cook case, AP News reports
Jan 19 (Reuters) - Federal Reserve Chair Jerome Powell will attend the U.S. Supreme Court's oral arguments on Wednesday in a case about Trump's attempt to fire Fed Governor Lisa Cook, the Associated Press reported on Monday.Reuters
Tue, Jan 20
OpenAI CFO says annualized revenue crosses $20 billion in 2025
Jan 19 (Reuters) - OpenAI Chief Financial Officer Sarah Friar said in a blog post on Sunday the company's annualized revenue has surpassed $20 billion in 2025, up from $6 billion in 2024 with growth closely tracking an expansion in computing capacity. OpenAI's computing capacity rose to 1...Reuters
Tue, Jan 20
Trump would quickly replace tariffs after court action, New York Times reports
Jan 19 (Reuters) - The administration of President Donald Trump would enact new tariffs almost immediately if the Supreme Court struck down sweeping global tariffs the president launched under an emergency law, U.S. Trade Representative Jamieson Greer told the New York Times in an interview publisheReuters
Tue, Jan 20
EUR/USD surges above 1.1640 as Trump escalates US–EU trade war
EUR/USD edges higher on Monday up by more than 0.40% as traders ditch the US Dollar as risk appetite deteriorates following Trump’s decision to escalate the US-European Union trade war amid the White House interests over Greenland. The pair trades at 1.1642 after bouncing off daily lows of 1.1576.
Fxstreet
Tue, Jan 20
Gold Price Forecast: XAU/USD edges higher above $4,650 as Trump tariffs spark safe-haven demand
Gold price (XAU/USD) edges higher to near $4,670 during the early Asian session on Tuesday. The precious metal is set to hit a fresh record high as traders flock to safe-haven assets amid a persistent geopolitical and economic outlook.
Fxstreet
Tue, Jan 20
Japan 20-year bond auction sets up early test of PM Takaichi's tax cut pledge
TOKYO, Jan 20 (Reuters) - A sale of long-term Japanese government bonds (JGBs) on Tuesday will provide an early test by the markets of Prime Minister Sanae Takaichi's election campaign pledge to cut taxes.Short- and long-term JGB yields surged to record highs on Monday on conce...Reuters
Tue, Jan 20
