Gold prices have surged to new record highs in recent weeks, driven primarily by heightened geopolitical tensions and increased investor demand for safe-haven assets. James Steel, the chief precious metals analyst at HSBC, expects that gold will continue to experience volatility.
UK Labour Party leader Keir Starmer is set to visit China this week. It is his first trip outside Europe since taking office. The visit comes at a critical juncture in the UK's foreign policy. Starmer's visit is an opportunity to strengthen economic ties.
Thai conglomerate Charoen Pokphand Group and Fidelity Investments are planning to invest in the Hong Kong listing of Chinese pig breeder Muyuan Foods Co. US stocks rallied ahead of the Federal Reserve's rate decision, and Amazon announced plans to lay off 16,000 employees.
US dollar index fell by 0.6% to 92.27 on Tuesday. This was the currency's largest one-day percentage drop since August 2019. The decline was driven by a weaker-than-expected US durable goods orders report. The euro and British pound gained against the US dollar.
US Dollar Index dipped to 91.46, its weakest level since March 2022. Trump's remarks seemed to have little impact on the dollar's value, as market analysts attributed the decline to the global economic recovery and the ongoing US-China trade dispute.
Surteco Group SE, a leading European manufacturer of furniture fittings and furniture accessories, is considering divesting itself of several business units. The potential sale could generate proceeds ranging between €100 million and €200 million. Surteco has yet to officially comment on the matter or confirm the reports of a potential sale.
Citi's European equity strategy head, Beata Manthey, voiced her optimism regarding the diversification trade. XTX Markets, a leading algorithmic trading firm, recorded a significant increase in European equities traded directly with clients. The upcoming earnings reports from technology giants Microsoft and Meta Platforms will provide much-needed clarity. Rajasthan Royals franchise in the Indian Premier League has attracted substantial interest from potential buyers.
The European Central Bank is monitoring the effect of a strong euro on inflation. A strong euro can lead to a decrease in the rate of inflation. The ECB has kept interest rates at record lows.
The US dollar is expected to move on from President Trump's comments, while global markets react to economic developments in Kenya, Malaysia, and India. Meanwhile, a man attacked US Representative Ilhan Omar at a town hall gathering, and JSW Steel discusses the impact of the EU-India trade deal on India's steelmakers.
Maruti Suzuki reported lower-than-expected third-quarter profits due to intensifying cost pressures and aggressive discounting. Meanwhile, Delta Air Lines continued to bet on the revival of international travel by placing orders for 31 widebody jets from Airbus SE.
Lescure urges G-7 nations to refrain from unilateral actions. The French government passed a budget for the 2026 fiscal year on Tuesday.
The India-EU Free Trade Agreement (FTA) was signed on August 14, 2025. The agreement aims to eliminate tariffs on 90% of the bilateral trade between the two parties. European automakers are expected to be among the major beneficiaries of the deal.
French Finance Minister Roland Lescure addressed the recent volatility in the yen during an interview on Bloomberg Television on Wednesday. He expressed his belief that market forces will ultimately determine the value of currencies. In the same day, shares of Turkish state lender Halkbank plummeted as much as 7% in morning trading on the Istanbul Stock Exchange. The decline came on the heels of the adjournment of a court status conference in the United States regarding allegations that the bank had helped Iran evade sanctions.
President Trump's remarks about the dollar selloff have fueled speculation that the US currency is at the start of a longer-term decline. Saudi Arabia has turned to some of the kingdom's wealthiest families as it looks to ease pressure on public finances. The move marks a significant shift in the Saudi government's approach to addressing its financial challenges.
Nidec has pledged to overhaul its growth-at-all-costs culture and address weaknesses in its internal controls. The commitments come as the conclusion of a Japan Financial Services Agency probe into its accounting practices is scheduled to wrap up next month. In Southeast Asia, Vietnam and the European Union are poised to announce a comprehensive strategic partnership.
Capcom Co. reported impressive earnings for the December quarter. The company's shares jumped by 11.7% in Tokyo trading, marking Capcom's biggest single-day gain since June 2020. The unexpectedly strong sales of older titles, including the popular "Resident Evil" series, bolstered optimism among investors.
Luxury goods sector faces sluggish sales, while tech companies are expected to continue big spending. South Africa's bonds and currencies are performing differently than Japan's, adding complexity to the global economic landscape.
President rump's remarks during an interview on Bloomberg TV's "The Asia Trade" on January 28, 2026, revealed his nonchalant attitude towards the ongoing US dollar slump in Asian markets. The US dollar had been on a downward trend against the Japanese yen and the Chinese yuan, among other Asian currencies, for several weeks prior to the interview.
Dan Wang, a renowned researcher at Stanford University's Hoover Institution, recently shared insights into the parallels between the US and Chinese economies. Wang's analysis revealed that both the U.S. and China have been undergoing significant changes, including the rise of technology and the shift towards services. Meanwhile, Taiwan plans to merge its four state-backed asset managers, aiming for consolidation in the financial industry.
South Korean battery manufacturer SK Innovation Co. recently disclosed a significant financial setback resulting from the termination of its joint venture with Ford Motor Company in the United States. The termination of the joint venture reportedly left the South Korean company with an enormous loss.
China's ambassador to Australia says Beijing is monitoring the Australian government's handling of a port lease to a Chinese firm. The Labor government has pledged to regain control of the Darwin Port. The port is a crucial infrastructure asset that plays a crucial role in the supply of resources to China.
The US dollar's decline has sparked a rally in base metals, a surge in Asian currencies, and a frenzy in Chinese silver investments, while natural gas prices slipped after a record-breaking rally. President Donald Trump's comfort with a weak dollar has contributed to the market trends. Investors are watching closely as the global economy reacts to the dollar's debasement.
Goldman Sachs Group Inc. has issued a warning regarding the potential risks to the ongoing rally in base metals. The bank's latest research report on industrial metals suggests that the market's current trajectory faces significant headwinds.
India aims to triple its nuclear capacity to 60 GW by 2040, up from the current 7 GW. Nuclear energy is a key component of India's decarbonization strategy. The country plans to build six new pressurized heavy water reactors (PHWRs) at the Kudankulam site.