EU locks in a phased Russian gas ban in 2026 as storage runs low. Europe leans on US LNG, making shipping chokepoints and US weather key risks for XNGUSD.
Friday’s US CPI tests whether cooling inflation still holds and can quickly shift expectations for Fed cuts, with January revisions adding extra noise.
Greenland’s shock to alliances revived safe-haven demand in gold. Base case: support with sharp pullbacks as USD and real yields shift over the next 3–6 months.
Hormuz fears can spike Brent, but Iran’s record oil-on-water near Singapore makes moves two-way: stuck barrels lift, clearing caps rallies quickly in 2026.
Big Tech’s AI splurge hit a new wall: investors want proof, not promises. A quick timeline shows how capex, funding and fear turned tech volatile overnight.
The ADP report shows US private sector jobs rose by 41,000 in December 2025, driven by services, with wages up 4.4% for those staying in their positions.
September core PCE rose 2.8%, beating forecasts after a shutdown delay, giving the Fed a final inflation read as tariff threats risk adding price pressure.
US November CPI rose a softer-than-expected 2.7%, lifting hopes of easier monetary policy, but shelter costs and missing October data temper confidence.
