At World Economic Fo...from carldupoin

At World Economic Forum 2026 in Davos, Donald Trump’s Greenland push, tariff threats of up to 200%, and a proposed $1 billion “Board of Peace” are dominating day 2 of talks. 🇺🇸 US Treasuries slid, with the 30-year yield up 6 bps to ~4.91%, as Donald Trump’s Greenland tariff threats fueled inflation fears and sparked a global bond selloff. 🥇 #gold# jumped to a record ~$4,700/oz as dispute-fueled US-Europe trade-war fears and safe-haven buying.

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Gold Technical Analysis for today: XAUUSD Outlook 🔍 Current Market Context Gold (XAUUSD) is exhibiting strong bullish momentum, supported by sustained buying interest and favorable macro sentiment. The market is preparing for next week’s trading sessions with critical levels in focus. 📊 Key Technical Levels - Support Zones: - 4,420 – short-term support, holding recent gains. - 4,398 – deeper support, pivotal for maintaining bullish structure. - Resistance Zones: - 4,467 – immediate resistance; a breakout here signals continuation. - 4,501 – major resistance; clearing this level would confirm strong upside momentum. #gold# #GOLDTODAY#

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📉 US Labor Market Shows Further Signs of Cooling US private-sector job growth slowed again in December, with 41,000 jobs added, falling short of the 47,000 expected and failing to recover fully from November’s sharp decline. The data adds to evidence that momentum in the US labor market is gradually softening. 🎯 What This Means for the Fed & the Dollar ▪ Supports a Dovish Outlook: Weaker-than-expected job growth strengthens market expectations that easing labor conditions could give the Federal Reserve room to consider rate cuts in 2026. ▪ Muted Dollar Response: Market reaction remains limited, as the ADP report has a weak correlation with Nonfarm Payrolls, the official labor data due Friday. 📊 Key Things to Watch ▪ US Nonfarm Payrolls (Friday): This remains the most important labor market release and will play a decisive role in shaping the Fed’s policy outlook. ▪ US Dollar Index (DXY): A sustained move above 98.75 is needed to signal recovery. Failure to do so, especially on weak NFP data, could open the door toward 97.75, the December low. Bottom line: The ADP report adds to the dovish narrative but is only an early signal. The real direction for the US Dollar — and rate expectations — will be decided by Friday’s NFP data.

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FED CHAIR POWELL SAYS HE’S UNDER CRIMINAL INVESTIGATION, WON’T BOW TO TRUMP INTIMIDATION Federal prosecutors are conducting a criminal investigation of Federal Reserve Chairman Jerome Powell focused on the $2.5 billion renovation to the central bank’s headquarters in Washington, D.C., and his related testimony to Congress, he said on Sunday evening. Powell said the probe is the result of longstanding frustration by President Donald Trump over the Fed’s refusal to cut interest rates as quickly and as much as the president has demanded. #Fed# #JeromePowell#

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