Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges 
Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen 
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand 
US Dollar Slips After PCE Inflation Data Eases Fed Rate Hike Expectations 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Asian Markets Rally as Micron and Qualcomm AI Outlook Lifts Global Tech Stocks 
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Asian stock markets extended their losses for a third consecutive session on Wednesday as rising geopolitical tensions and renewed fears of a “Sell America” trade weighed heavily on investor sentiment. Markets were unsettled by escalating rhetoric from U.S. President Donald Trump regarding the potential acquisition of Greenland, alongside renewed tariff threats toward Europe, ahead of his closely watched speech at the World Economic Forum in Davos.
The risk-off mood followed a sharp selloff on Wall Street overnight, where the S&P 500 dropped more than 2% and the Nasdaq Composite fell 2.4%, marking their steepest daily declines in three months. Concerns that foreign investors may accelerate selling of U.S. assets triggered a broad retreat from equities, bonds, and the dollar, which recorded its biggest single-day fall in over a month.
In Asia, MSCI’s Asia-Pacific index excluding Japan slipped 0.3%, while Japan’s Nikkei plunged 1.2%, extending its losing streak to five days. European markets also pointed lower, with EURO STOXX 50 and DAX futures down 0.4%. U.S. stock futures showed a modest rebound, but overall sentiment remained fragile.
The global bond rout showed signs of stabilizing after intense selling driven by surging Japanese government bond yields and worries over U.S. fiscal sustainability. Japan’s 40-year government bond yield eased to 4.145% after hitting a record high, while U.S. 10-year Treasury yields steadied near five-month highs. Notably, Denmark’s AkademikerPension announced plans to divest $100 million in U.S. Treasuries, citing concerns over U.S. government finances.
Safe-haven demand surged as investors flocked to precious metals. Gold prices jumped to a record $4,806 an ounce, while silver hovered just below its all-time high. In currency markets, the dollar stabilized after a sharp drop, while the Swiss franc hit a record high against the yen.
Oil prices declined as expectations of rising U.S. crude inventories outweighed supply disruptions in Kazakhstan. Overall, markets remain highly sensitive to geopolitical developments, central bank signals, and Trump’s policy direction as global investors brace for continued volatility.
