Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher 
Gold Surges Past $4150 on Dovish Fed Signals and Weak Jobs Data; Bullish Outlook Prevails 
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
Released today, January 9, 2026, the U.S. Bureau of Labor Statistics stated a disappointing +50,000 non-farm payroll jobs gained in December 2025, which represents a steep slowdown from November's revised +56,000. This poor print stresses continuous labor market cooling, driven by past disruptions from the federal government shutdown, currently normalizing, with large downward adjustments to October's numbers totaling -173,000.
While retail trade suffered significant job losses of 25,000 as a result of seasonal changes and more general prudence, job gains were mostly concentrated in resilient sectors such food services, health care (continuing its strong 2025 average of +34,000 monthly), and social assistance (+17,000).
With the unemployment rate stable at 4.5%, average hourly wages increased 0.3% month-over-month (3.8% year-over-year). Likely reducing expectations for strong Federal Reserve rate cuts in 2026, the data signals employer reluctance in the face of President Trump's tariffs, AI-driven changes, and economic uncertainty.
