The biggest news this week came from the U.S. capital. After a week of threats regarding tariffs on Europe and the Greenland deal, President Trump appears to have softened his stance.

Risk appetite holds broadly firm, but rates, volatility, and global yield pressures keep caution in play.

A new year, but it seems the same story as we begin 2026 with the threat of more tariffs. 

The EUR/USD price analysis suggests strong bullish momentum, heading towards 1.1900 amid broad dollar weakness.

Gold has massively outperformed stocks since 2000, signaling long-term monetary excess, rising uncertainty, and dollar debasement rather than just speculative hype.

An unchanged Ifo index in January reflects the uncertainty that has hit the German economy again on the back of geopolitical tensions and tariff threats.

Silver made history by breaking the $ 108-per-ounce threshold, driven by a weakening dollar, geopolitical strife, and economic uncertainty.

U.S. stocks wrapped up a turbulent week with the S&P 500 marking its first back-to-back weekly decline since June.

Despite the consensus narrative, what we are currently experiencing globally is not “de‑dollarization,” but a broad loss of confidence in developed economies’ fiat currencies and sovereign debt as a reserve asset for central banks and institutions.

Four of the magnificent 7 prepare to report quarterly earnings this week, with numbers from Microsoft, Meta, Tesla, and Apple that could set the tone for the entire sector.

The Pound Sterling struggles to extend Friday’s gains, which came after strong UK Retail Sales and PMI data.

Markets kick off the week with broad USD weakness led by a sharp USD/JPY drop on renewed Japan intervention risks.

The GBP/USD exchange rate jumped to the highest level since September last year, continuing an uptrend that started in November last year when it bottomed at 1.3017.

With a 4.4% increase in economic growth in the third quarter and expectations that it could be higher in the fourth quarter, the so-called reflation narrative appears primed to dash out of the gates in 2026 at its current strong pace.

Economic Policy Uncertainty spiked on Sunday.

Suspected intervention to sell USD/JPY, plus US authorities reportedly getting involved, has prompted a near 3.5% drop since Friday morning.

The euro pulled higher after bouncing past the 1.1700 level.

Strong employment numbers sent the odds of a rate hike higher and the Australian dollar higher along for the ride.

King Deal now decides who can make a deal with whom.

Contrary to popular thinking, numerical probability is not applicable in economics. The numerical probability is relevant in the world of objects where homogenous cases are observed.