Browse Category

Federal Reserve 29 January 2026 - 30 January 2026

US retail sales surprise intensifies Fed pause barbell position
Gold price tumbles nearly 9% after Warsh Fed pick; silver hit by record plunge

Gold price tumbles nearly 9% after Warsh Fed pick; silver hit by record plunge

Gold prices tumbled on Friday and were poised for their biggest one-day fall since 1983, as investors took profits after U.S. President Donald Trump named former Federal Reserve Governor Kevin Warsh as his choice to run the central bank. Spot gold was down 8.9% at $4,915.17 an ounce by 12:30 p.m. ET, while U.S. gold futures slid 7.7% to $4,940.70; silver sank 21.92% to $90.66. Standard Chartered’s Suki Cooper said “expectations for real yields” — inflation-adjusted bond returns — and the dollar helped trigger the profit-taking, while the World Gold Council’s Joe Cavatoni said gold is increasingly viewed as “a strategic portfolio allocation.”
30 January 2026
···
Gold price today: Bullion slips below $5,000 after Trump taps Warsh for Fed chair

Gold price today: Bullion slips below $5,000 after Trump taps Warsh for Fed chair

Gold prices plunged on Friday, dipping briefly below $5,000 an ounce after U.S. President Donald Trump announced Kevin Warsh, a former Federal Reserve Governor, as his pick for the next Fed chair. The news boosted the dollar and sparked a wave of profit-taking. By 12:57 GMT, spot gold was down 5.7% at $5,087.99, having touched a low of $4,957.54 earlier. Just the day before, it hit a record $5,594.82.
30 January 2026
··
Stock market today: Wall Street futures slide on Trump Fed chair pick talk, Nasdaq hit by Microsoft fallout

Stock market today: Wall Street futures slide on Trump Fed chair pick talk, Nasdaq hit by Microsoft fallout

U.S. stock index futures fell on Friday after President Donald Trump said he had firmed up his choice to lead the Federal Reserve, with reports pointing to former Fed governor Kevin Warsh. At 04:51 a.m. ET, S&P 500 E-mini futures — contracts that track the index — were down 1.04%, Nasdaq 100 E-minis fell 1.31% and Dow E-minis slid 0.93%; the Russell 2000 futures dropped 1.63%. “His experience and past attitude imply he's likely to hold the line if sharp inflationary pressures return,” said Susannah Streeter, chief investment strategist at Wealth Club, as the CBOE volatility index rose to 18.85.
30 January 2026
······
Dow futures slide before Trump’s Fed chair pick, setting up a choppy Dow Jones open

Dow futures slide before Trump’s Fed chair pick, setting up a choppy Dow Jones open

Dow futures dropped Friday as investors braced for President Donald Trump’s pick for the next Federal Reserve chair—a move that could swiftly shift interest-rate expectations. By 04:51 a.m. ET, Dow E-minis were down 456 points, or 0.93%, while S&P 500 E-minis slid 1.04% and Nasdaq 100 E-minis fell 1.31%. Susannah Streeter, chief investment strategist at Wealth Club, noted that Kevin Warsh has “recently been publicly advocating for a fresh cut in interest rates,” but also cautioned his past views suggest he might “hold the line” if inflation heats up again.
30 January 2026
··
1 … 15 16 17 18 19 … 69
Follow on Google News
Add as preferred source Open in Google News
AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

AerCap Holdings

NYSE: AER 92/100
#2 BUY

Uber Technologies

NYSE: UBER 90/100
#3 BUY

Taiwan Semiconductor Manufacturing

NYSE: TSM 89/100
#4 ACCUMULATE

dLocal

NASDAQ: DLO 86/100
#5 ACCUMULATE

Tapestry

NYSE: TPR 84/100
View full portfolio
Editorial model selection. Not personalised advice.