Gold - The geopolitical risks have increased due to President Trump's threats to annex Greenland and impose tariffs on eight European countries, leading to a rapid rise in gold prices, which have reached $4,888 [1] - Analyst Owen from Zhisheng Research indicates that Trump's threats and the reintroduction of tariffs have created uncertainty in global trade, accelerating the rise of gold [1] - Technically, gold is in a bullish trend with consecutive daily gains, and the focus is on the $4,818 level as a key support and resistance point for potential further increases [1] Oil - Trump's threats to impose tariffs on several European countries to pressure them into agreeing to the purchase of Greenland have caused renewed turbulence in global trade, increasing uncertainty in the global economy and suppressing oil demand [2] - OPEC+ plans to increase production starting April 2025, while the first quarter of this year saw a pause in production increases, keeping oil prices low [2] - Technically, oil prices have shown strong support around $58.50, and a breakthrough above $62.50 could signal a potential end to the ongoing downtrend [2] Dollar Index - Reports indicate that Trump is adamant about acquiring Greenland, potentially using force, which exacerbates territorial disputes and increases geopolitical risks [3] - The dollar index has accelerated its decline after breaking below the 99 support level, marking the end of an upward trend since late December [4] - The dollar has been fluctuating within the 96-100.20 range for the past six months, with a focus on the 98.71 level as a key support and resistance point [4] Nikkei 225 - The Nikkei 225 has experienced significant declines in the past two days but remains in a bullish trend, with expectations for further increases after the adjustment period [5] - The index is currently showing a short-term downward trend, with resistance levels between 52,800 and 53,000 and support at 51,100 [5] Copper - Copper prices are in a bullish trend on the daily chart, but have shown a downward adjustment in the past week [6] - Recent declines have slowed, with a focus on the $5.67 support level, while resistance is noted at $5.86 and support at $5.70 [6] Market Overview - U.S. and Russian presidential envoys held a two-hour meeting in Davos to discuss a peace plan [7] - The U.S. Supreme Court has not yet ruled on the legality of Trump's global tariffs, with the next decision window in a month [8] - The ADP weekly employment report indicates an average increase of 8,000 jobs per week in the private sector for the four weeks ending December 27, 2025 [8] Upcoming Events - The IEA will release its monthly oil market report at 17:00 [9] - President Trump is scheduled to speak at the World Economic Forum at 21:00 on "How We Can Collaborate in an Intensifying Competitive World" [10] - The U.S. will announce the month-on-month change in the December pending home sales index at 23:00 [11]