Monday Morning Market Update
Here are some of last week’s movers and shakers and an update on what’s happening in markets that have opened so far today.
• Precious Metals:
Gold and silver have recently reached record highs amid rising geopolitical tension and tariff shock headlines, with spot gold peaking near $4,689 per ounce and silver hitting an all-time high around $94.08 before modest pullbacks later in the session. Safe-haven demand remains elevated as investors seek downside protection.
• Equities:
U.S. indices were mixed at the end of last week, with light holiday liquidity and mixed risk sentiment. This morning, U.S. stock futures are softer, reflecting renewed tariff concerns after announcements of new duties on European imports. In Asia, Japan’s Nikkei 225 has eased from recent record territory, trading lower as markets react to global risk shifts, though exact figures vary by session.
• Digital Assets:
Bitcoin and broader crypto markets have seen corrective pressure as risk appetite shifted toward safe havens. Bitcoin has been trading around the lower parts of its recent range near $92,000 to $93,000, with some short-term volatility emerging in response to macro uncertainty and risk-off flows. Precise liquidation figures vary by exchange and data source.
• Energy:
Oil finished last week relatively strong, supported by geopolitical risks including tensions in the Middle East and Venezuela. Today, Brent crude is near $62–$64 and WTI around the high $50s to low $60s, with traders weighing tariffs’ potential impact on global demand against supply concerns.
• U.S. Dollar and FX:
The U.S. dollar index (DXY) is modestly lower as safe-haven flows have boosted the Japanese yen and Swiss franc in recent sessions. Global FX markets are pricing renewed uncertainty after tariff announcements and potential European responses, which has elevated volatility across major currency pairs.
Any thoughts on what's next?
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