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European stocks edged higher after UBS posted a 56% profit surge, while investors awaited January eurozone inflation data and crucial ECB signals.
Gold rebounded above $5,000/oz on fresh U.S.–Iran tensions, dollar moves, and Fed uncertainty, while silver and platinum also surged amid shifting market bets.
USD/JPY slipped to 154.90 as traders watch the key 156 level, with softer Tokyo inflation, intervention risk, and U.S. data shaping the next move.
Stocks rose as AI chip companies led gains, small businesses outperformed big ones, oil fell, airlines jumped, and calmer investors pushed the S&P 500 up 0.54%.
Dogecoin up 5%, Shiba Inu benefits from a 480% burn surge, and MemeCore jumps 22% as meme coins rally with a $2.75T market cap and improving trader sentiment.
Oil tumbled 4.4% as U.S.–Iran talks reduced risk, the dollar strengthened on the Warsh pick, and warmer forecasts hit fuel demand while OPEC+ held output steady.
Gold slid 4.2% after Trump picked Kevin Warsh for the Fed, the dollar jumped, and silver sank 7% as geopolitics cooled and banks kept bullish forecasts intact.
Crude oil holds near $68 as U.S. storm disruptions, a weak dollar, Kazakh outages, and Middle East risk tighten supply and buoy prices in global markets.
Gold prices recently hit an unprecedented $5,262/oz on surging safe-haven demand, weak dollar, and broad precious metals rallies, reshaping market strategies.
Bitcoin falls under $88,000 as gold surges past $5,000. ETF outflows, political risks, and Fed uncertainty weigh on crypto market sentiment.
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