#breakingnews ๐ฐ โ๏ธโ๐ฅ ๐๐ป๐๐ป๐๐ป๐๐ป๐ฉ
๐ Market Brief | Ultra-Short Update
US escalates pressure on EU over Greenland, threatening 10%โ25% tariffs, raising fears of retaliation. Dollar weak, global stocks lower, while gold & silver hit record highs on rising geopolitical risk.
FX:
EUR above 1.16
JPY volatile near 158 after Japan snap election
MXN strongest since July 2024
CNY fix near 7.00, strongest since 2023
Bonds & Commodities:
Japan 10Y yield jumps to 2.25%
Gold near $5,000, Silver above $93
Oil slips toward $58.5
Data:
Canada CPI steady
China Q4 GDP 4.5% YoY, weak demand persists
๐ Risk-off mood dominates markets.
