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Global Economy News 20 January 2026 - 21 January 2026

Japan’s 40-year bond yield breaks 4% as Trump’s Greenland tariff threat shakes global markets

Japan’s 40-year bond yield breaks 4% as Trump’s Greenland tariff threat shakes global markets

Japan’s 40-year bond yield hovered near 4.061% after a record high, following a sharp selloff and weak 20-year auction. Prime Minister Sanae Takaichi’s proposed tax cuts ahead of the Feb. 8 election raised concerns over the country’s debt. U.S. and European long-term yields also climbed. President Trump’s remarks on Greenland and tariffs rattled global bond markets.
21 January 2026
Oil prices slip again as U.S. stockpile build looms, Kazakhstan outage fades

Oil prices slip again as U.S. stockpile build looms, Kazakhstan outage fades

Brent crude futures fell 12 cents to $64.80 a barrel by late morning Wednesday, while U.S. WTI slipped 11 cents to $60.25. Traders pointed to expectations of rising U.S. inventories and weaker demand. The International Energy Agency projected global oil supply will outpace demand by 3.69 million barrels per day in 2026. U.S. inventory data releases were delayed by a federal holiday.
Gold price breaks $4,800 as Greenland standoff rattles markets, Davos in focus

Gold price breaks $4,800 as Greenland standoff rattles markets, Davos in focus

Spot gold surged past $4,800 an ounce Wednesday, hitting a record $4,887.82 as investors fled to safety amid U.S.-Europe tensions over Greenland. President Trump vowed at Davos to press his Greenland agenda, stoking fears of renewed tariffs. Traders expect two Fed rate cuts by mid-2026. The U.S. Supreme Court will hear arguments on Trump’s effort to remove Fed Governor Lisa Cook.
Australian dollar jumps to 68 cents as Trump’s Greenland tariff threat hammers the US dollar

Australian dollar jumps to 68 cents as Trump’s Greenland tariff threat hammers the US dollar

The Australian dollar surged to 68 U.S. cents Wednesday, its highest close since October 2024, as the U.S. dollar weakened on President Trump’s new tariff threats linked to Greenland. Wall Street’s S&P 500 fell 2.06%, its worst day in three months, while gold hit a record above $4,700 an ounce. Denmark’s AkademikerPension plans to sell $100 million in U.S. Treasuries, citing debt and political risks.
21 January 2026
DBS share price slips again as Trump tariff threats jar markets; Feb 9 results loom

DBS share price slips again as Trump tariff threats jar markets; Feb 9 results loom

DBS shares fell 0.3% to S$57.94 by mid-afternoon in Singapore, extending losses after opening lower alongside other local banks. The drop followed sharp declines on Wall Street and renewed U.S. tariff threats tied to Greenland. Traders are watching Davos headlines and awaiting DBS’s full-year results on Feb. 9. The Straits Times Index slipped 0.6% at the open.
ASX slides as Trump Greenland tariff threat sparks ‘sell America’ trade — gold hits record

ASX slides as Trump Greenland tariff threat sparks ‘sell America’ trade — gold hits record

The S&P/ASX 200 fell 0.4% by mid-morning Wednesday, led by declines in tech and banks, while miners rose on record gold prices near $4,762 an ounce. U.S. President Trump threatened new tariffs on eight European countries after their troops arrived in Greenland, escalating trade tensions. Lynas Rare Earths jumped on a 43% revenue surge. Rio Tinto reported record quarterly iron ore shipments.
Lockheed Martin stock price dips as Davos criticism and Greenland tariff threats rattle defense names

Lockheed Martin stock price dips as Davos criticism and Greenland tariff threats rattle defense names

New York, Jan 20, 2026, 3:16 PM EST — Regular session Shares of Lockheed Martin Corp dropped roughly 1.1% to $576.12 in Tuesday afternoon trading. RTX slipped around 2.1%, Northrop Grumman declined about 1.6%, while General Dynamics dropped close to 2.2%. The slide follows concerns over new trade tensions sparked by President Donald Trump’s Greenland move, which has led to tariff threats against European allies. EU leaders will meet at an emergency summit in Brussels on Thursday to discuss possible retaliation, including a tariff package targeting 93 billion euros ($108 billion) of U.S. imports. That package could kick in on
Bitcoin price slides toward $90,000 as Trump’s Greenland tariff threat hits risk appetite

Bitcoin price slides toward $90,000 as Trump’s Greenland tariff threat hits risk appetite

New York, January 20, 2026, 10:22 AM EST — Regular session Bitcoin fell about 3.1% to $90,028 on Tuesday morning in New York, after dipping to a session low of $89,880. Ether slid 6.5% to $3,006. The drop tracked a broader risk-off move after U.S. President Donald Trump threatened tariffs on European countries in a dispute tied to Greenland. “Hopes that the tariff situation has calmed down for this year have been dashed for now,” Berenberg chief economist Holger Schmieding said. (Reuters) With U.S. markets shut on Monday for Martin Luther King Jr. Day, investors are now reacting to weekend
Crude oil price today: Brent and WTI hold near $64 and $60 as Greenland tariff threat hangs over demand

Crude oil price today: Brent and WTI hold near $64 and $60 as Greenland tariff threat hangs over demand

LONDON, Jan 20, 2026, 12:18 GMT — Regular session Brent crude futures edged up 0.2% to $64.01 a barrel, while U.S. West Texas Intermediate rose 0.5% to $59.72 on Tuesday, as investors reacted to fresh U.S. tariff threats connected to Greenland. (Reuters) The tug-of-war matters now because the Greenland dispute is seen as a demand risk rather than a sudden drop in barrels hitting the market. If tensions escalate into a U.S.-Europe trade battle, it would hit growth and curb fuel consumption. Crude prices haven’t had much cushion to take on more negative news. Currency plays a key role here.
AI stocks wobble before the bell as Trump’s Greenland tariff threat rattles markets

AI stocks wobble before the bell as Trump’s Greenland tariff threat rattles markets

New York, January 20, 2026, 06:50 ET — Premarket U.S. artificial intelligence stocks were mixed in premarket trading on Tuesday as stock index futures slid to one-month lows after President Donald Trump renewed tariff threats against Europe in a standoff over Greenland. Trump said extra 10% import tariffs would start on Feb. 1 and rise to 25% on June 1 unless a deal is reached, pushing up volatility after the long U.S. holiday weekend. (Reuters) The AI complex has become a shorthand trade for risk appetite, with investors using chipmakers, cloud giants and server suppliers as a proxy for data-center
Oil prices hold near $60 as Greenland tariff threats rattle demand mood, China data cushions fall

Oil prices hold near $60 as Greenland tariff threats rattle demand mood, China data cushions fall

New York, Jan 20, 2026, 06:59 EST — Premarket Oil prices held steady early Tuesday as trade-war concerns resurfaced. The jitters came after U.S. President Donald Trump threatened fresh tariffs on European nations tied to his bid to buy Greenland. Timing is key. Markets are reopening after Monday’s U.S. holiday, with traders weighing whether a fresh wave of tariffs could disrupt growth and hit demand—just as portfolios shift into a new month. Brent futures for March dipped 11 cents, or 0.17%, settling at $63.83 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) for February dropped 49 cents, or 0.8%, to
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Stock Market Today

South32 share price drops 4% in ASX rout — what investors watch before results

South32 share price drops 4% in ASX rout — what investors watch before results

7 February 2026
Sydney, Feb 7, 2026, 17:39 AEDT — Market closed. South32 Ltd shares (S32.AX) closed down 4.1% at A$4.41 on Friday, hit by the same risk-off wave that pushed Australian miners sharply lower. The stock traded between A$4.37 and A$4.51 and was down 19 cents from the prior close of A$4.60. (Intelligent Investor) With markets shut for the weekend, the move leaves South32 on the watchlist going into Monday’s open as investors reassess exposure to metals and mining names. The S&P/ASX 200 ended the week down 1.81%. (Morningstar) The benchmark fell 2% on Friday and almost A$70 billion was wiped off
Wesfarmers share price: what to watch on ASX next week as results loom

Wesfarmers share price: what to watch on ASX next week as results loom

7 February 2026
Wesfarmers shares closed down 1.33% at A$85.04 on Friday, following a sharp drop in the S&P/ASX 200, which fell 2% for its steepest one-day loss in 10 months. Investors are watching for Australia’s household spending data next week and Wesfarmers’ half-year results due Feb. 19.
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