Group 1 - The article discusses Trump's renewed threats of tariffs against Europe, reminiscent of the market turmoil following the implementation of reciprocal tariffs last April [4][12] - The EU is considering retaliatory tariffs on $100 billion worth of U.S. imports, but its decision-making capabilities are widely questioned [4][12] - The U.S.-EU bilateral trade is projected to reach €1.68 trillion in 2024, accounting for 30% of global trade and 43% of global GDP, indicating significant economic interdependence [4][12] Group 2 - European stock markets experienced a collective decline, with major indices such as FTSE 100 and DAX dropping by 0.39% and 1.34% respectively [5][13] - The U.S. dollar index fell to around 99 after reaching a one-month high, while European currencies, including the Swiss franc and euro, saw gains [5][13] Group 3 - Safe-haven assets like gold and silver have surged, with silver deliveries in January reaching 8,288 contracts (41.44 million ounces), while COMEX registered silver inventory stands at 120 million ounces [6][14] - The Shanghai Futures Exchange silver price closed at $103 per ounce, maintaining a premium over COMEX silver prices [6][16] Group 4 - Japan's bond market is facing significant selling pressure, with concerns over rising inflation risks and fiscal challenges due to proposed large-scale fiscal stimulus and tax cuts [6][16] - The Japanese yen is under pressure, with speculative positions turning net short, indicating heightened bearish sentiment [10][22]