Canada CPI is seen steady in December, supporting a BoC pause .Canada CPI is seen steady in December, supporting a BoC pause 

USD: Global markets fall on Trump's Greenland tariff threat – MUFG.USD: Global markets fall on Trump's Greenland tariff threat – MUFG

USD/JPY: Market Nerves Build Ahead of BOJ Decision and Political Tensions.USD/JPY is holding steady at 157.93 on Monday, with the Japanese yen attempting to strengthen amid volatile movements. Demand for defensive assets has increased as geopolitical and trade risks resurface.

EU says no planned meeting between von der Leyen and Trump in Davos for now.As a reminder, the World Economic Forum (WEF) is taking place in Davos this week. The event starts today until Friday but most of what we'll be seeing on the agenda and on the sidelines are likely to take place from tomorrow onwards.

EUR/JPY rises slightly as Eurozone inflation slows, Japan faces political uncertainty.EUR/JPY rises slightly as Eurozone inflation slows, Japan faces political uncertainty

USD/JPY drops below 158.00 amid weak US Dollar, Japan Takaichi calls snap election.USD/JPY drops below 158.00 amid weak US Dollar, Japan Takaichi calls snap election

USD: Trump threatens tariffs over Greenland deal – Commerzbank.USD: Trump threatens tariffs over Greenland deal – Commerzbank

USD: Greenland tariff threats heat up EU-US tensions – ING.USD: Greenland tariff threats heat up EU-US tensions – ING

China: Robust production, lackluster demand – Standard Chartered.China: Robust production, lackluster demand – Standard Chartered

Rupee declines for fourth straight day amid corporate dollar demand.The Indian ‍rupee reversed course and fell ​for the fourth consecutive session on Monday, pressured by ⁠corporate dollar buying that was further complicated by a shortfall in supply.

Sterling rises as economic data remains in focus along with Greenland.Sterling rose on Monday as markets looked to UK economic data points due throughout the week, while U.S. President Donald Trump's tariff threats against Europe over Greenland raised geopolitical concerns.

Eurozone CPI finalized at 1.9% in December, regional gaps persist.Final inflation data confirmed that price pressures in the Eurozone continued to ease into year-end. Eurostat reported headline CPI at 1.9% yoy in December, down from 2.1% in November.

Bank Indonesia to hold rates again as rupiah currency remains weak .Bank Indonesia will keep its key interest rate unchanged again on Wednesday to limit further weakness in the rupiah while continuing to press commercial banks to pass on the benefits of earlier rate cuts to borrowers, a Reuters poll of economists showed.

Japan prime minister Takaichi says ready to take necessary action on speculative FX moves.Earlier, she also commented that she will "ensure sustainability of Japan's fiscal state by lowering the debt-to-GDP ratio". That will be tough considering how expansive her fiscal policies are and that is already the main reason why the Japanese yen has been battered for months on end since October.

CBT survey shows inflation expectations stuck near 23% – Commerzbank.CBT survey shows inflation expectations stuck near 23% – Commerzbank

Eurozone Core Harmonized Index of Consumer Prices (MoM) unchanged at 0.3% in December.Eurozone Core Harmonized Index of Consumer Prices (MoM) unchanged at 0.3% in December

Eurozone Harmonized Index of Consumer Prices (YoY) below expectations (2%) in December: Actual (1.9%).Eurozone Harmonized Index of Consumer Prices (YoY) below expectations (2%) in December: Actual (1.9%)

Spain PM Sanchez cancels Davos trip to deal with high-speed train crash incident.This is already shaping up to be Spain's worst rail crash in more than a decade. For some context, the incident involved carriages on a Madrid-bound train that derailed and crossed over to the opposite tracks, colliding with an oncoming train in Adamuz on Sunday evening.

US Losing Ability To 'Tax The World' To Fund Deficits, Warns Thomas Massie Amid Diminishing Dollar Dominance.Rep. Thomas Massie (R-Ky.) issued a stark economic warning on Saturday, cautioning that the United States is losing its unique ability to export inflation to other nations.

Dax Tests 25000 as Trade Conflict Begins!.A new year, but the markets have the same issues as another potential trade war emerges. With President Trump looking to hit European countries with further tariffs, can stocks recoup the Monday morning losses?

Japan prime minister Takaichi makes announcement to call for snap election.She is making it official now as she announces that she will be calling a snap election on 23 January. That is when the next ordinary Diet session takes place, in which she will dissolve the lower house of parliament.

German FM Klingbeil: There will be a strong response to US tariffs.German FM Klingbeil: There will be a strong response to US tariffs

European officials continue to hit back at Trump over Greenland tariffs threat.The latest tariffs threat from US president Trump further exacerbates uncertainty with regards to trade policy. And it also shows that nothing is set in stone when it comes to any "trade deal" that has been struck.

GBP/JPY rises above 211.50 as BoE rate cut bets ease.GBP/JPY rises above 211.50 as BoE rate cut bets ease

Crude Oil – 19.01.2026.Oil closed at target and resistance of 62.60 before dropping rapidly after President Donald Trump signalled that he might hold off on attacking Iran for now. As we see over the chart, prices still face support at 58.80, where if the market holds above it, the chance for a trading zone towards 62.60 is likely.

USD/JPY – 19.01.2026.USDJPY tested the support trend around 157.30-60 which could lead to another advance towards the 160.20 zone. Below 157.30 more of a drop will be expected with supports at 155.60 and 154.35.

Austria HICP (YoY): 3.8% (December) vs previous 4%.Austria HICP (YoY): 3.8% (December) vs previous 4%

Austria HICP (MoM) increased to 0.5% in December from previous 0.2%.Austria HICP (MoM) increased to 0.5% in December from previous 0.2%

China GDP growth slows to 4.5% in Q4, pressure builds for fresh stimulus.China's economy slowed at the end of 2025, reinforcing concerns that headline growth masks deepening domestic weakness. GDP expanded 4.5% yoy in Q4, down from 4.8% in Q3, in line with expectations.

The Week Ahead – Tensions Run Higher.(NAS 100 ) Nasdaq looking for a lift The (NAS 100 ) Nasdaq took a step back after hitting another high, boosted by tech-related shares. The slowdown doesn't seem to be hampering the price, as the charts remain bullish as we head into the first quarter.