Mr Trump was just where he wanted to be – the centre of attention at the #WEF in #Davos. Fortunately for investors, he climbed down from his "gotta have Greenland" position to reach some sort of undisclosed "deal" with the Europeans. Concurrently, JGB yields spiked with investors spoked by the budget outlook in Japan. Ultimately, US and European stocks ended the week lower, as Asian and emerging stocks drove gains. Gold continues to power ahead.

US markets responded favourably to new President Donald Trump’s first week in office, with bond yields holding steady and stock indices...

Global equities staged a nice rally last week, and government bond yields fell in the US and UK. Oil, gold and Bitcoin were all higher.

Markets largely slid sideways this week. Large tech companies continue layoffs. Economic data suggests peak inflation has been reached.