Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
U.S. Dollar Strengthens
The US Dollar extended its bullish trend, supported by US Treasury yields which surged past the 4.3% level.
Housing Market Insights
The S&P/Case-Shiller Home Price Index Composite-20 showed a year-over-year increase of 5.2% in October 2024, surpassing the forecast of 4.9% but lower than last year's 5.9% rise. The Conference Board Consumer Confidence Index also saw a significant rebound, jumping to 108.7 in October from 99.2 in September, marking the strongest monthly gain since March 2021.
Trump's Crypto Ambitions
Donald Trump is embracing cryptocurrency, aiming to make the U.S. a leading hub for digital currencies. He is also planning to remove SEC Chair Gary Gensler, who has faced criticism from crypto supporters. He is accepting campaign donations in cryptocurrencies, appealing to crypto enthusiasts, while analysts anticipate that a Trump victory could boost Bitcoin's value.
Currency Performance Overview
The British Pound is holding strong as the U.S. Dollar rises, remaining the only major currency that is sturdy. The Australian Dollar and Swiss Franc are struggling, with traders awaiting key inflation data that may influence the Reserve Bank of Australia's policy. The Japanese Yen remains weak, with officials closely monitoring the USD/JPY rate as it approaches the important level of 155.
