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What happens with and to BRICS with POTUS Trump?
Trump’s message is unambiguous: no country will be allowed to undermine the dollar without severe consequences. “They can go find another ‘sucker.’ There is no chance that the BRICS will replace the US Dollar in international trade.”Cryptopolitan
Tue, Jan 14
PRECIOUS-Gold gains on softer dollar as investors weigh Trump tariff impact
U.S. PPI due at 1330 GMT, U.S. CPI on WednesdayDollar down 0.4% Platinum to be under-supplied in 2025, UBS saysUpdates with mid-session tradingBy Anushree Mukherjee Jan 14 (Reuters) - Gold prices rose on Tuesday, helped by a softer U.S. dollar and inflationary risks posed by President-elect Donal...Reuters
Tue, Jan 14
Sterling hits fresh 2-1/2-month low versus euro, falls against dollar
Jan 14 (Reuters) - The British pound was poised to record a sixth consecutive day of decline against the dollar on Tuesday and hit a fresh 2-1/2-month low versus the euro as concerns about Britain's fiscal sustainability continued to weigh.
Reuters
Tue, Jan 14
XRP, KRW steadies as South Korea begins impeachment trial of suspended president
South Korea’s constitutional court has convened for its first hearing to determine the fate of suspended President Yoon Suk Yeol. The recent political instability has taken a toll on both the economy and crypto sector. The won and Korea’s favorite coin, XRP, do not appear to have been...
UPDATE 3-Russia sees shift from Trump towards recognising 'realities' in Ukraine
Lavrov says perceived shift is welcomed by MoscowRussia ready to study Trump's peace ideasRussia prepared to consider security guarantees for UkraineAdds comments on security guarantees, Greenland in paragraphs 8-13By Dmitry Antonov and Vladimir Soldatkin MOSCOW, Jan 14 (Reuters) - Russia says it...Reuters
Tue, Jan 14
Chinese officials consider Elon Musk’s acquisition of TikTok US operations amid looming ban
Beijing officials would rather have TikTok retain its ownership under parent company ByteDance Ltd. However, with the looming ban in the US market, they are contemplating selling the platform’s US operations to Elon Musk.Cryptopolitan
Tue, Jan 14
India to forecast stronger growth next year while sticking to fiscal deficit goals, sources say
NEW DELHI, Jan 14 (Reuters) - India plans to project higher economic growth for the next fiscal year, two government officials with direct knowledge of the matter said, adding that fiscal deficit goals are being met and kept.Reuters
Tue, Jan 14
PRECIOUS-Trump policy uncertainty lifts gold; US inflation data in focus
US PPI report due at 1330 GMT; CPI data due on WednesdaySpeculators raise net long positions by 12,116 contractsGold has assumed its mantle as inflation hedge - analystUpdates with mid-session tradingBy Rahul Paswan Jan 14 (Reuters) - Gold prices gained on Tuesday, buoyed by uncertainty surroundi...Reuters
Tue, Jan 14
UPDATE 2-Oil prices hover near 4-month highs as Russia sanctions stay in focus
Prices ease after rising close to 10% since the start of the yearMarkets eye US data releases this weekSanctions could take 700,000-800,000 bpd of Russian crude off market, analysts sayUpdates prices as of 0746 GMTBy Trixie Yap Jan 14 (Reuters) - Oil prices eased on Tuesday but remained near fou...Reuters
Tue, Jan 14
