Christmas Fed Cut
The Federal Reserve cut its main interest rate by 25 basis points. BoJ and BoE remain on hold.
Tom J. Espel
New Stimulus in China
Loose monetary policy was announced in China for 2025. South Korean President Yoon was impeached.
K-Drama
A surprise promulgation of martial law in Korea plunged the country into turmoil.
Neighbour Tariffs
US President-Elect Trump announced plans for tariffs for both Canada and Mexico.
Weak Eurozone Data
A weak Eurozone data release on Friday strengthens the US dollar. Trump nominations are still pending.
Gold on the Floor
The Trump trade starts to unravel, and gold continues to slump.