Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Not many economic data and events scheduled for today and all with low to medium risks associated, especially with a holiday in the United States.
Data released so far:
- Australia: TD securities inflation grew by 0.5 percent in December, up 1.8 percent from a year ago.
- United Kingdom: Rightmove House price index rose 0.4 percent in December, up 3.2 percent from a year ago.
Upcoming:
- Japan: Tertiary industry index data will be released at 4:30 GMT, followed by flash machine tools orders for December at 6:00 GMT.
- Italy: Consumer price inflation numbers will be released at 9:00 GMT.
- Eurozone: Trade balance numbers for November will be released at 10:00 GMT.
- United Kingdom: BoE’s Governor Carnet is scheduled to speak at 18:30 GMT.
- New Zealand: NZIER business confidence for the fourth quarter will be released at 21:00 GMT.
