Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
German Industry Employment Falls to Lowest Level in a Decade 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas 
U.S. stocks closed sharply higher on Wednesday after President Donald Trump signaled a major easing of trade tensions with Europe, lifting investor sentiment and pushing major Wall Street indexes firmly into positive territory. The Dow Jones Industrial Average rose 588 points, or 1.2%, while the S&P 500 and Nasdaq Composite each gained 1.2% by the 4:00 p.m. ET close.
Markets reacted positively after Trump said he would not impose new tariffs on European nations following the establishment of a framework for a future deal on Greenland. Speaking from the World Economic Forum in Davos, Switzerland, Trump said the agreement came after a meeting with NATO Secretary General Mark Rutte and would address U.S. strategic interests in Greenland and the broader Arctic region.
According to Trump, the framework includes U.S. involvement in Greenland’s mineral rights and participation in the “Golden Dome,” a layered missile defense system for the United States. The announcement reduced fears of a renewed trade conflict with Europe, prompting a rally in equities and a sharp decline in U.S. Treasury yields.
In corporate news, Netflix shares slid after the streaming giant reported better-than-expected quarterly earnings but issued weaker first-quarter guidance. The company cited declining viewership for non-branded licensed content, signaling softer demand outside its core original programming. The update followed reports that Netflix had improved its $72 billion bid for Warner Bros Discovery’s studios and streaming assets as competition with Paramount Skydance intensifies.
United Airlines stock climbed after the carrier beat profit expectations and delivered a strong outlook, supported by robust demand from corporate and higher-income travelers. Halliburton and Travelers also posted gains after exceeding earnings estimates, while Kraft Heinz shares fell on speculation that Berkshire Hathaway may sell its long-held stake. Johnson & Johnson edged lower despite issuing upbeat 2026 guidance, citing expected costs from a U.S. drug pricing agreement.
Investors are now looking ahead to earnings from Procter & Gamble, GE Aerospace, Intel, Abbott Laboratories, and Intuitive Surgical, which are set to report next, potentially adding further momentum to U.S. stock markets.
