Archive January 2026
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Week InAdvance: January 26, 2026
Mon Jan 26 Public holidays in India and Australia, markets closed. Paris Haute Couture Fashion Week.
| Tue Jan 27 CFTC & SEC joint meeting on crypto. EU-India summit in New Delhi. The US formally withdraws from the Paris Climate Agreement.
International Holocaust Remembrance Day. Doomsday Clock announcement.
| Wed Jan 28 US FOMC rate decision. MSRB quarterly board meeting. Canada rate decision. Data Protection Day.
| Thu Jan 29 UK Prime Minister Keir Starmer expected to visit Beijing and Shanghai. Rate decision in Sweden.
| Fri Jan 30 Funding for parts of the US federal government under the current resolution is set to expire.
| Sun Feb 1 Opec+ monthly meeting.
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Week InReview: January 23, 2026
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Futures fade as losses near.
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US stock-index futures drifted lower, with the S&P 500 heading for the first back-to-back weekly losses since June. Gold briefly rose above $4,950 an ounce. | The yen surged against the dollar, capping a volatile week in Tokyo markets. Finance Minister Satsuki Katayama declined to answer when asked if Japan had intervened. | Gold climbs to a fresh record, closing in on 5,000/oz, supported by a weaker dollar. Silver rises to an all-time high just below $100/oz, with platinum also hitting a record. The Bloomberg Dollar Spot Index edges down, set for the worst week since June last year. | US equity index futures retreated in early Friday trading after Intel’s lackluster forecast sapped tech optimism. The company’s shares dropped in post-market trading as it said manufacturing difficulties make it hard to meet demand for chips. US stocks had gained overnight. | Short-maturity Treasury yields rose as US economic data showing resilience in the job market and consumer spending reinforced expectations that the Federal Reserve will delay interest-rate cuts until later in 2026. Thirty-year yields, however, fell to near where they started the year.
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Week InAdvance: January 19, 2026
Mon Jan 19 Martin Luther King Jr. federal holiday in US; markets closed. IOSCO C7 meeting. World Economic Forum in Davos. China GDP.
| Tue Jan 20 London's China embassy deadline. China loan prime rates.
| Wed Jan 21 International Energy Agency releases its monthly oil market report.
| Thu Jan 22 SEC Reg. S-P event.
| Fri Jan 23 Japan rate decision.
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Week InReview: January 16, 2026
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Treasuries slide as Fed signals a pause.
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Treasuries fell after data showed a resilient labor market and as several Federal Reserve officials signaled a willingness to pause interest-rate cuts at their upcoming policy meeting. Stocks rose, led by tech, but ended off the highs, failing to capture the 7,000 level in the S&P 500. | The latest wave of enthusiasm for technology stocks is carrying into today, lifting US stock futures. A gauge of tech stocks in Asia hit an all-time high, while gold and silver declined. | Equities in Asia climb to a record, led by a rally in technology stocks on renewed AI optimism. The Taiex leads regional gains with TSMC surging to its highest ever. Taiwan’s outperformance comes after a long-sought trade pact with the US. | The yen gains against the US dollar. Japan’s finance minister reiterated her warning that all options including direct currency intervention are available for dealing with recent yen weakness. | Gold and silver edge lower. Industrial metals also decline. China is clamping down on high-frequency trading. Copper, zinc, and aluminum all fall in Shanghai, as well as on the London Metal Exchange.
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Week InAdvance: January 12, 2026
Mon Jan 12 G7 FinMins in DC: rare earths on the agenda. Japanese markets closed for a holiday.
| Tue Jan 13 US inflation data. Wall Street bank earnings.
| Wed Jan 14 The Fed’s Beige Book.
Orthodox New Year.
| Thu Jan 15 Bank of Korea expected to hold its base rate at 2.5%. 25th anniversary of Wikipedia's launch.
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Week InReview: January 9, 2026
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Dollar, yields rise ahead of jobs data.
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The dollar rose along with Treasury yields as investors braced for the US payrolls report and a possible Supreme Court ruling on US tariffs. US stock futures wavered. | Asian equities advanced while US index futures were little changed before the crucial payrolls data and a possible tariffs ruling from the US Supreme Court. Value plays in South Korea and Japan helped to drive gains as a rotation away from tech shares in the US session fed over into Asia. | Treasuries fell as investors anticipated Friday’s December employment data and a possible Supreme Court strike-down of tariffs. | The Nasdaq 100 slid 0.6%, ending a three-day advance as tech behemoths Nvidia and Apple slumped. Defense shares jumped on the US plan to ramp up military spending, while a gauge of small-cap stocks surged to a record as investors continued to rotate out of tech. | Oil rose sharply after two days of losses as traders weighed geopolitical risks related to Iran and the developing situation in Venezuela. An annual commodity index rebalancing period, meanwhile, is expected to see cash flow back into crude over the next few days.
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Week InAdvance: January 5, 2026
Mon Jan 5 US Senate reconvenes. South Korean president visits China. Nvidia CEO presser to announce new solutions.
| Tue Jan 6 US House reconvenes. Epiphany.
5th anniversary of Jan. 6 attacks on US Capitol. “Coalition of the Willing” leaders meet in France. Ukraine peace talks.
CES in Las Vegas.
| Wed Jan 7 Brigitte Bardot's funeral in Saint-Tropez.
| Thu Jan 8 EU-Jordan summit in Amman.
| Fri Jan 9 US December jobs report.
BRICS+ countries hold joint maritime drills.
| Sat Jan 10 African National Congress party's
114th anniversary.
| Sun Jan 11 Golden Globe Awards.
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Week InReview: January 2, 2026
A fresh burst of optimism around artificial intelligence helped stocks make a strong start to 2026. Nasdaq 100 futures advanced 1.1% on a flurry of AI news out of Asia, while benchmark indexes in Europe and the UK hit new record highs. | A strong debut for chip designer Shanghai Biren Technology helped set the buoyant tone. Its shares jumped almost 76%, marking the best performance since early 2021 among Hong Kong listings that raised at least $700 million. | DeepSeek published a paper outlining a more efficient approach to developing AI, illustrating China’s effort to compete with the likes of OpenAI. Such publications have foreshadowed the release of major DeepSeek models. | Gold and silver advanced, building on their best annual performances since 1979. Silver rose 4% past $74.40 an ounce. Gold climbed alongside gains in industrial metals such as copper and aluminum. | Oil prices slipped, with Brent crude futures trading below $61 a barrel, as a supply glut overshadowed threats to production. Civil unrest in Iran, and the US campaign against Venezuela, remain in focus.
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