Almost anywhere Wall Streeters looked yesterday, they saw trouble. To the East, a brewing trade war with Europe over the fate of Greenland. To the West, an all-time meltdown in Japan’s bond market. The result? Equities melted, the VIX jumped, gold soared and yields on America’s own government bonds leaped to recent highs. And it couldn’t have come at a worse time for Wall Street, which somehow — we’re honestly not sure how — made it into the New Year with a newfound sense of calm and serenity. Call it a d ...

Equity benchmark indices Sensex and Nifty declined in early trade on Monday (January 19, 2026) dragged by blue-chips Reliance Industries and ICICI Bank, while sustained foreign fund outflows and global tariff uncertainties also dented investors' sentiment.The 30-share BSE Sensex declined 320.69 points to 83,249.66 in early trade. The 50-share NSE Nifty went down by 124.60 points to 25,573.40.From the 30-Sensex firms, ICICI Bank dropped 3% after its consolidated profit for the December quarter declined 2.68% ...

French stocks drifted lower Wednesday morning with the mood rather subdued in the short trading session, amid a lack of positive news. With the New Year holiday ahead, and as geopolitical concerns linger, investors are mostly reluctant to make significant moves.The benchmark CAC 40 was down 44.49 points or 0.54% at 8,123.66 a little while ago.The index, which has posted a modest gain of about 0.3% in December, rallied nearly 10% over the last 12 months.Stellantis declined 1.7%. Societe Generale, STMicroEle ...

Market Overview - European stocks are showing mixed performance as investors digest regional economic news and await the European Central Bank's monetary policy meeting minutes [1] - The pan European Stoxx 600 was roughly flat at 574.11, while the U.K.'s FTSE 100 decreased by 25.52 points or 0.26% to 9,666.05 [2] - Germany's DAX increased by 82.87 points or 0.35% to 23,778.10, and France's CAC 40 rose by 5.37 points or 0.07% to 8,101.80 [2] Company Performance - In the U.K. market, notable gainers included St. James' Place, Land Securities, Centrica, and Natwest Group [2] - Conversely, Imperial Brands fell by more than 3%, while other companies like Anglo American Plc and British American Tobacco saw losses between 1% to 1.7% [3] - In Germany, Deutsche Boerse climbed over 4%, with Siemens Energy gaining about 2.3% [3] - In France, Pernod Ricard gained nearly 2%, while companies like Hermes International and Kering showed weakness [4] Consumer Sentiment and Economic Indicators - A monthly survey indicated that German consumer confidence is expected to improve in December, despite deteriorating economic and income expectations [4] - The forward-looking consumer sentiment index improved to -23.2 from -24.1, slightly below the forecast of -23.6 [5] - The Eurozone Economic Sentiment Indicator increased to 97.0 in November from 96.8 in October, marking its highest level since April 2023 [5]

Core Insights - Gold prices experienced a significant decline, with futures dropping as much as 5% to around $4,141 per troy ounce, marking the largest drop since August 2020, while spot gold fell over 6%, the biggest one-day decline in 12 years [1][2] - The decline in gold prices is attributed to easing trade tensions between the US and China, a strengthening US dollar, and technical indicators suggesting overbought conditions [2] - Analysts are debating whether this decline signifies a necessary correction after a substantial rally, with some suggesting that buyers may return around $4,200 [3][4] Market Dynamics - Gold has risen 28% since mid-August, driven by central bank purchases and inflows into gold-backed ETFs, as investors seek to hedge against trade tensions and currency fluctuations [4][6] - Analysts from Bank of America maintain a bullish outlook on gold, predicting a peak of $6,000 per ounce by mid-2026, while Goldman Sachs has raised its price target for gold to $4,900 per troy ounce by the end of next year [7]

Core Viewpoint - Gold futures experienced a significant decline of up to 5%, marking the largest one-day drop since August 2020, as the market correction followed a substantial rally earlier in the year [1][4]. Price Movements - Gold futures fell to approximately $4,141 per troy ounce from an intraday record exceeding $4,380, while silver futures dropped as much as 7%, the largest decline since 2021 [1]. - The first major support level for gold is around $4,000, with potential buying interest expected around $4,200 [3]. Market Analysis - Analysts suggest that the recent drop may be a necessary correction after a 28% increase in gold prices since mid-August, driven by central bank purchases and inflows into gold-backed ETFs [4][6]. - The market remains bullish on gold, with Bank of America forecasting a peak of $6,000 per ounce by mid-2026, while Goldman Sachs has raised its price target for gold to $4,900 by the end of next year [7][8]. Investor Sentiment - Investors have shown resilience, buying the dip when gold briefly fell more than 1.5%, indicating ongoing confidence in the metal as a hedge against economic uncertainties [3][4]. - Geopolitical concerns, elevated inflation, and low real interest rates are contributing factors that continue to support bullish sentiment for gold [4][5].

Core Viewpoint - Gold prices experienced a significant decline of 5%, marking the largest daily drop in over a decade, with futures hovering near $4,141 per troy ounce and spot gold dropping to as low as $4,082 [1][2] Group 1: Market Dynamics - The decline in gold prices is attributed to easing trade tensions between the US and China, a strengthening US dollar, and technical indicators suggesting overbought conditions [2] - Analysts suggest that the recent drop may represent a necessary correction after a substantial rally year-to-date, with gold having increased by 28% since mid-August [4][6] Group 2: Price Predictions and Investor Sentiment - Analysts from Bank of America maintain a bullish outlook on gold, predicting a peak of $6,000 per ounce by mid-2026, while Goldman Sachs has raised its price target for gold to $4,900 per troy ounce by the end of next year [7][8] - Despite the recent dip, investor sentiment remains optimistic, with some viewing the decline as a temporary setback rather than a long-term trend [3][4]

Core Viewpoint - Gold prices experienced a significant decline, marking the largest daily drop in years, as a rally in precious metals came to an abrupt halt [1][2]. Price Movements - Futures for gold dropped as much as 5%, nearing $4,141 per troy ounce, while spot gold fell over 6%, representing its largest one-day decline in 12 years [1]. - Silver futures also saw a decline of up to 7%, marking the largest drop in more than four years [1]. Market Conditions - The decline in gold prices coincided with easing trade tensions between the US and China, a strengthening US dollar, and technical indicators suggesting overbought conditions [2]. - Analysts noted that gold faced resistance when attempting to surpass $4,400, raising questions about whether the current slide indicates a necessary correction after a strong year-to-date performance [2]. Investor Sentiment - The first significant support level for gold is around $4,000, with potential buying interest around $4,200 [3]. - Investors previously bought the dip when gold briefly fell more than 1.5%, indicating ongoing interest despite recent price drops [3]. Economic Factors - Elevated inflation, low real interest rates, geopolitical concerns, and US government dysfunction are seen as supportive factors for gold prices [4]. - Gold has risen 28% since mid-August, driven by central bank purchases and inflows into gold-backed ETFs, as investors seek to hedge against trade tensions and currency fluctuations [4][6]. Future Projections - Analysts from Bank of America maintain a "long gold" recommendation, predicting a peak of $6,000 per ounce by mid-2026 [7]. - Goldman Sachs has raised its gold price target to $4,900 per troy ounce by the end of next year, up from a previous forecast of $4,300 [7]. - JPMorgan analysts project that gold could reach $6,000 per ounce by 2029 [8].