[MARKET UPDATE] Spot gold test USD 4,700/oz to the upside; shortly after comments from US President Trump
The recent test of spot gold at USD 4,700/oz follows comments from President Trump, indicating a possible geopolitical influence on market sentiment.
US President Trump, on Truth Social, says he had a good phone call with NATO Secretary General Rutte about Greenland, and have agreed to meet various parties in Davos
CK Hutchison (0001 HK) is in talks to sell its Irish mobile operator to Liberty Global, the FT reports citing sources
[MARKET UPDATE] Spot gold test USD 4,700/oz to the upside; shortly after comments from US President Trump
ByteDance is making a push into China's cloud market, trying to disrupt the industry that has been dominated by Alibaba (BABA / 9988HK) and others, the FT reports
US President Trump: "I will impose 200% tariff on French wines and champagne, and President Macron will join the Board of Peace"
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This could be seen as a reaction to uncertainty or tension, with gold acting as a safe haven asset. Traders should monitor ongoing developments to assess whether this is a temporary spike or indicative of a broader shift in risk appetite.
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