Author: FX
Dar Global and Trump Organization launch $10 billion Saudi developments Source link
Israel on high alert for possibility of US intervention in Iran, sources say Source link
Summary:Daily Mail reports Trump has ordered US special forces to prepare invasion plans for Greenland.Senior US military leaders are resisting the plan, calling it illegal and lacking congressional backing.Advisers led by Stephen Miller are said to be pushing the idea after the Venezuela operation.British diplomats see a possible political motive ahead of US mid-term elections.European officials warn extreme scenarios could fracture NATO.For markets:Escalatory Greenland rhetoric raises geopolitical tail risks in the Arctic region.Any strain on NATO cohesion would be negative for European security confidence.Heightened geopolitical uncertainty typically supports safe-haven assets.FX volatility could rise if US-Europe relations deteriorate.Energy and defence sectors…
Mon: Japanese Holiday (Coming of Age Day); M2 & New Yuan Loans (Dec)Tue: EIA STEO; US NFIB (Dec), CPI (Dec)Wed: NBP Policy Announcement; US PPI (Nov; Oct-cancelled), US Retail Sales (Nov)Thu: UK GDP Estimate (Nov), EZ Trade (Nov), US Export/Import Prices (Dec; Nov-cancelled), NY Fed Mfg survey (Jan), Weekly Claims (w/e 3rd Jan), Chinese House Prices (Dec)Fri: US Industrial Production (Dec)US Earnings Season:Writing at the end of Q4, FactSet said the earnings season is expected to show continued, albeit moderating, growth. S&P 500 earnings are forecast to rise 8.3% Y/Y, marking a tenth straight quarter of expansion, while revenues are…
Rubio and Netanyahu discuss Iran, Syria and Gaza, Axios reports Source link
Musk’s X to open source new algorithm in seven days Source link
Number of prisoners released in Venezuela rises to 18, rights groups say Source link
Summary:Trump calls for 10% credit-card APR cap for one year, effective Jan 20, 2026. No enforcement detail: unclear if voluntary or government-mandated. Part of a populist “affordability” burst this week (incl. MBS buying idea and ban on institutional home buyers). Big gap to current pricing: Fed data shows 22.30% (Nov 2025) on the key credit-card rate series. Without legislation / clear authority, this looks like headline politics first, policy mechanics later.President Donald Trump has called for a one-year cap of 10% on US credit-card interest rates, saying consumers are being “ripped off” and framing the move as an “affordability” push.…
Walmart to replace Astrazeneca on Nasdaq-100 on Jan 20 Source link
Talk about hitting the ground running! If you were hoping to ease into 2026, the market clearly had other plans. This week was a genuine high-wire act for traders, who found themselves juggling major geopolitical shockwaves from Venezuela against a stacked economic calendar. While the headlines kept everyone glued to their news feeds early on, the focus quickly shifted to the U.S., where traders had to position themselves for Friday’s highly anticipated employment report. It was a classic battle of narratives: would political drama or cold, hard labor data dictate price action? From geopolitical jitters to inflation misses…