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Markets
Gold tanks below $5,000 as Warsh Fed pick, US inflation weigh
Gold price (XAU/USD) extends its losses on Friday, plunges nearly 10% to sink below $4,900 after US President Donald Trump revealed his pick for Fed Chair, while a hot inflation…
Supplementary budget signals upside risk – MUFG
Korea's industrial production growth rebounded in December, indicating robust export growth. President Lee has signaled a potential supplementary budget to support various sectors,…
EUR/USD slides as Warsh Fed pick, hot US PPI supercharge Dollar rally
EUR/USD drops during the North American session, down by 0.75% amid a session characterized by overall US Dollar strength, sponsored by Trump’s mild-hawkish pick to lead the…
RBI expected to pause rate cuts – DBS Bank
DBS Bank's Group Research discusses the upcoming Reserve Bank of India (RBI) monetary policy committee meeting scheduled for February 6, 2026. The report anticipates that the RBI…
Potential recapitalization in financial sector – MUFG
Unconfirmed reports suggest that China may inject RMB 200 billion into large insurers to bolster their capital buffers, alongside an additional RMB 300 billion into major banks.…
Warsh shares the spotlight with central banks
The United States (US) Federal Reserve (Fed) had a busy week. On Monday, the Fed asked local New York banks about their positions in USD/JPY, fueling speculation that the US may be…
Dow Jones dips as Warsh Fed nomination sparks uncertainty
• Major indexes edged lower as investors digested Trump's nomination of Kevin Warsh to succeed Fed Chair Powell in May.• Verizon surged on strong subscriber growth and upbeat 2026…
Silver collapses over 30% as metals rout triggers historic washout
Silver (XAG/USD) sinks sharply more than 30% on Friday as the precious metals segment is being punished by the financial markets, with the grey metal falling more than $38 US…
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Rupiah stability remains uncertain – MUFG
The Indonesian Rupiah faces challenges amid a deteriorating fiscal picture and rising state-level borrowing. While Bank Indonesia's commitment to FX stability may help slow…