Market Update

Gold (XAU/USD) surged over 1.5% on Monday, approaching the $4,700 mark after geopolitical tensions between the United States and the European Union intensified over Greenland-related tariff threats. XAU/USD trades around $4,672, recovering from a four-day low recorded last Friday, as investors flock to safe-haven assets amid uncertainty and thin liquidity …

European leaders are moving cautiously but decisively as U.S. President Donald Trump escalates pressure over Greenland, threatening tariffs of up to 25% on European imports. France has called for the EU to activate its Anti-Coercion Instrument (ACI), nicknamed the trade “bazooka,” designed to counter foreign economic blackmail. Germany’s Finance Minister …

Global markets entered a cautious phase as fresh trade rhetoric from the United States revived fears of a renewed tariff cycle. Investors are increasingly concerned that escalating trade measures could disrupt global supply chains, weaken export demand, and slow economic growth across major regions.Political Friction Adds to UncertaintyUncertainty has been …

Trade Policy Uncertainty Weighs on the GreenbackThe Canadian Dollar gained momentum at the start of the week as renewed tariff threats from the United States undermined confidence in the US Dollar. Markets reacted cautiously to President Donald Trump’s latest escalation in trade rhetoric, which revived concerns over a broader and …

The USD/JPY pair is holding steady around 157.99 as global markets weigh both geopolitical tensions and key economic indicators. Investor sentiment has been influenced by renewed trade threats from the U.S., which have raised concerns about global growth and risk appetite.The Japanese yen has found support amid speculation over potential …

Consumer prices in Canada accelerated more than expected in December, rising 2.4% year on year, driven largely by base effects linked to last year’s temporary sales tax break. However, underlying inflation pressures continued to cool, with the Bank of Canada’s preferred core measures easing for a third consecutive month. Economists …

The U.S. dollar weakened on Monday as investors moved cautiously after President Donald Trump threatened to impose new tariffs on several European countries in a bid to pressure them into allowing the United States to acquire Greenland. By 04:20 ET, the dollar index, which measures the greenback against a basket …

European defense shares climbed on Monday as investors reacted to fresh geopolitical tensions sparked by U.S. President Donald Trump’s threat to impose new tariffs on several European countries unless Washington is allowed to buy Greenland. Shares of Italy’s Leonardo, Germany’s Rheinmetall and Renk, Britain’s BAE Systems, and France’s Thales all …

Bitcoin fell sharply in Asian trading on Monday, giving back a portion of last week’s gains after U.S. President Donald Trump’s tariff threats against major European nations over Greenland rattled global risk sentiment. The world’s largest cryptocurrency dropped 2.8% to $92,519 by 00:56 ET (05:56 GMT). While Bitcoin gained roughly …

Gold prices surged to unprecedented levels in Asian trading on Monday, climbing toward the $4,700 an ounce mark as investors rushed into safe-haven assets after U.S. President Donald Trump threatened fresh tariffs on several European nations over his push to acquire Greenland. Spot gold jumped 1.6% to $4,667.33 an ounce …