Global stocks muted on 1st day of Q4 earnings season as Trump DOJ opens criminal investigation into Fed’s Powell
Source Cryptopolitan
-
Stock futures dropped hard after Trump’s DOJ launched a criminal probe into Fed Chair Jerome Powell.
-
Powell finally fired back after a year of silence, saying the probe is punishment for not obeying Trump’s preferences.
-
The Fed is expected to hold rates steady on January 28th, and gold just smashed past $4,600/oz and Silver exploded to $84/oz as traders panic-bought metals amid the chaos.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Gold surged to an all-time high as safe-haven demand increased due to escalating tensions between the U.S. and Venezuela, with significant gains seen in other precious metals like silver and platinum.
XRP Drops 5% After Being Hailed as 2026’s “Hottest Trade”XRP fell back to $2.18 after failing to hold above $2.28, cooling off an early-2026 rally that had been strong enough to earn the token the label of “new cryptocurrency darling” in a recent CNBC segment. The pullback underscores that even strong bullish narratives must contend with significant overhead supply at key technical resistance levels.
XRP fell back to $2.18 after failing to hold above $2.28, cooling off an early-2026 rally that had been strong enough to earn the token the label of “new cryptocurrency darling” in a recent CNBC segment. The pullback underscores that even strong bullish narratives must contend with significant overhead supply at key technical resistance levels.
U.S. Dollar Gains as Traders Anticipate Jobs Report and Supreme Court Tariff Ruling
The U.S. dollar strengthened in early Asian trading, bolstered by expectations for the upcoming jobs report and pending Supreme Court decision on President Trump’s tariff powers. Analysts remain cautious about potential implications for future interest rates.
The U.S. dollar strengthened in early Asian trading, bolstered by expectations for the upcoming jobs report and pending Supreme Court decision on President Trump’s tariff powers. Analysts remain cautious about potential implications for future interest rates.
Oil prices extended gains on Friday as traders assessed heightened geopolitical risks, including U.S. President Donald Trump’s warnings against Iran and ongoing efforts to exert influence over Venezuela’s oil exports.
Gold Prices Soar to Record High Amid Disappointing U.S. Jobs Data and Geopolitical Tensions
Gold prices surged to a record $4,601.17 per ounce as weaker-than-expected U.S. payroll data heightened expectations for Federal Reserve interest rate cuts. Ongoing geopolitical tensions in the Middle East and Venezuela further supported the metal's appeal as a safe haven.
Gold prices surged to a record $4,601.17 per ounce as weaker-than-expected U.S. payroll data heightened expectations for Federal Reserve interest rate cuts. Ongoing geopolitical tensions in the Middle East and Venezuela further supported the metal's appeal as a safe haven.
