|

Welcome to Davos [Video]

Markets are shaken by a potent mix of geopolitics and bond market stress. Rising tensions between the US and Europe over Greenland collide with a sharp selloff in Japanese government bonds, sending shockwaves across global assets. Yields rise, volatility returns and investors are forced to rethink what still qualifies as a safe haven.

The Greenland discussions will be in focus today, as US President Donald Trump heads to Davos. The only certainly is uncertainty. And you can feel the stress by looking at gold price – at a fresh record high above $4870 per ounce!

Youtube preview

Author

Ipek Ozkardeskaya

Ipek Ozkardeskaya

Swissquote Bank Ltd

Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

More from Ipek Ozkardeskaya
Share:

Editor's Picks

EUR/USD retreats toward 1.1700 ahead of Trump speech at Davos

EUR/USD consolidates its weekly gains and edges lower toward 1.1700 in the European session on Wednesday. US President Donald Trump will deliver a speech at the World Economic Forum later in the day that could provide key insights into the EU-US relations moving forward.

GBP/USD declines to 1.3400 region after mixed UK inflation data

GBP/USD struggles to build on its weekly gains and declines to the 1.3400 region on Wednesday. The data from the UK showed on Wednesday that the annual CPI inflation rose to 3.4% in December from 3.2% in November. In this period, the core CPI increased by 3.2% as expected.

Gold stays within touching distance of new record-high near $4,900

Gold extended its impressive upsurge to a fresh all-time high near $4,900 earlier in the day before edging slightly lower. Markets remain risk-averse as investors eagerly await US President Donald Trump's speech at Davos while the EU-US tensions remain high over the Greenland issue.

When is the US President Trump’s speech at WEF in Davos and how could it affect EUR/USD

United States (US) President Donald Trump is scheduled to deliver his speech at the World Economic Forum (WEF) in Davos after 13:00 GMT. Trump’s trip to Davos was delayed as Air Force One was forced to turn around due to a "minor electrical issue".

Greenland tariffs: What happened, and how to position for the new Europe risk premium

Over the weekend, President Trump threatened a new round of tariffs on goods from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and the UK, with reporting flagging 10% from February 1 and a possible step-up later.

BNB Price Forecast: BNB loses strength as crypto market drops

BNB (formerly Binance Coin) loses ground as the broader cryptocurrency market falls, recording a 1% drop at the time of writing on Wednesday. Retail interest in the exchange token is declining, as evidenced by the massive wipeout of long positions and a decline in futures Open Interest.