🔔 MARKET UPDATE 🔔

🇪🇺 EURUSD traded near 1.1846 as the euro hovered close to a four-year peak.

👑 Gold surged by approximately 1.0% to trade near $4,937 per ounce.

🛢 WTI Crude Oil rose to $62.50 per barrel, up 0.28% from the previous day, pausing recent losses as US-Iran talks showed progress on nuclear dispute principles. Brent Crude traded at $67.42 a barrel.

📊 The US500 (S&P 500) advanced to 6862 points, gaining 0.28% from the prior session, recovering from earlier weakness.

🇪🇺 ECB President Christine Lagarde indicated the Euro area's inflation outlook is in a "good place", though cautioned against overreacting to short-term data. Eurozone industrial production fell 1.4% in December.

🤖 Artificial intelligence continues to drive market narratives; US corporate bond issuance is projected to rise nearly 12% in 2026 to fund AI projects. Federal Reserve Governor Michael Barr stated the central bank would likely hold rates steady, awaiting sustainable goods price inflation retreat.

🗓 CALENDAR FOR TODAY

🟠🇺🇸 USD - FOMC Meeting Minutes - 22:00 GMT+3