U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster 
Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair 
U.S. Government Faces Brief Shutdown as Congress Delays Funding Deal 
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
Oil Prices Slide Nearly 3% as U.S.-Iran Talks Ease Geopolitical Tensions 
China Manufacturing PMI Slips Into Contraction in January as Weak Demand Pressures Economy 
U.S. Stock Futures Slip as Markets Brace for Big Tech Earnings and Key Data 
U.S.–Venezuela Relations Show Signs of Thaw as Top Envoy Visits Caracas 
Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry 
Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes 
EU Recovery Fund Faces Bottlenecks Despite Driving Digital and Green Projects 
China Home Prices Rise in January as Government Signals Stronger Support for Property Market 
Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors 
Dollar Holds Firm as Markets Weigh Warsh-Led Fed and Yen Weakness Ahead of Japan Election 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Gold Prices Stabilize in Asian Trade After Sharp Weekly Losses Amid Fed Uncertainty 
China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook 
The U.S. dollar weakened in early Asian trading on Tuesday as investors weighed remarks from Federal Reserve officials on the path of interest rates. The U.S. dollar index slipped to 97.28, extending Monday’s decline after a brief three-day rally.
Market sentiment turned cautious after Fed officials signaled a slower approach to easing monetary policy. St. Louis Fed President Alberto Musalem said the central bank should “tread cautiously,” while Atlanta Fed President Raphael Bostic emphasized inflation remains above the Fed’s 2% target, suggesting no further cuts are needed this year. Cleveland Fed President Beth Hammack echoed similar caution, though none of them vote this year. By contrast, new Fed Governor Stephen Miran warned the Fed risks harming the labor market without deeper cuts.
U.S. Treasury yields ticked higher, with the 10-year at 4.1467% and the two-year at 3.6051%, as traders priced in lower chances of an October cut. Futures implied only a 10.2% chance of a hold, up from 8.1% on Friday, according to CME’s FedWatch tool.
The dollar held steady at 147.74 yen, while the euro traded at $1.1798. Sterling was flat at $1.35125, and the Australian dollar edged down to $0.6599. The kiwi slipped to $0.5867 ahead of a central bank leadership announcement. China’s offshore yuan stayed at 7.1158 per dollar.
Elsewhere, Argentina’s peso surged 4.5% after U.S. Treasury Secretary Scott Bessent suggested possible measures, including swap lines and direct currency purchases, though action would follow talks with Argentine President Javier Milei.
Meanwhile, gold reached a record $3,749.03 per ounce as safe-haven demand strengthened ahead of Fed Chair Jerome Powell’s scheduled remarks later in the day.
