Markets News

Spot gold historically stands above $4,900; Europe selling U.S. assets will face Trump's "major retaliation"!

Spot gold historically stands above $4,900; Europe selling U.S. assets will face Trump's "major retaliation"!

· Spot Gold hits historic $4,900; European sell-off of U. S. assets will be met with 'major retaliation' by Trump! · Trump sues JPMorgan Chase and its CEO Dimon, seeking at least $5 billion in damages. This news is negative for the US dollar. · U.S. November core PCE price index meets expectations. U.S. initial jobless claims for the week of January 17 were 200,000, expected 210,000. This news is bullish for the U.S. dollar.

TOPONE Markets Analyst
2026-01-23 08:36:56
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