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ELON MUSK: 🇺🇸 Department of Government Efficiency (DOGE) should "audit the IRS."

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📊Tech Stocks saw an inflow of just under $7 Billion last week, the largest inflow since September

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🇨🇳 China files lawsuit with the World Trade Organization and says the U.S. shouldn't be able to enact tariffs

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🚨🚨 Treasury yields for 10- to 30-year bonds drop by 10 basis points today.

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🔥 JUST IN: Elon Musk's poll asking if the Department of Government Efficiency (DOGE) should audit the IRS ends with 1.9 million votes.

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JUST IN: 🇺🇸 Elon Musk supports putting US Treasury transactions on a blockchain for full transparency.

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🚨🚨 BREAKING: Reports of worldwide #ChatGPT outage.

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🔥 JUST IN : Bank of England 🏴󠁧󠁢󠁥󠁮󠁧󠁿 cuts key rate by 25 bps to 4.5%, matching estimates.

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🔥 TRUMP: WE'RE MAKING PROGRESS TO STOP RUSSIA-UKRAINE WAR.

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BREAKING: 🚨 Amazon stock, $AMZN, falls over -7% despite reporting stronger than expected Q4 2024 earnings.

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🇺🇸Trump says "We will drive price of oil down; everything will follow"

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🚨🚨 BREAKING: Bering Air flight carrying 10 people disappears near Alaska.

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🇺🇸 Trump says "billions of dollars" have been stolen through USAID to payoff media for favourable coverage of Democrats.

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🇪🇺🇺🇸 European Union to offer lower tariffs on US cars following President Trump's tariff threats.

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🇺🇸🇮🇱 Trump approves $7.4 billion weapons sale to Israel - Reuters

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🇨🇳 China Overnight Economic Data:

*CPI M/M: Miss 🔴
*CPI Y/Y: Beat 🟢
*PPI: Miss 🔴

China recession fears are escalating.

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🇺🇸 Over 65,000 federal employees have accepted buyout offers under a plan by President Donald Trump, per Reuters.

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📊 Key Events This Week:

1. Trump's "Reciprocal Tariff" Announcement - Monday

2. Fed Chair Powell Speaks - Tuesday/Wednesday

3. January CPI Inflation data - Wednesday

4. January PPI Inflation data - Thursday

5. January Retail Sales data - Friday

6. ~20% of S&P 500 companies report earnings

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🇨🇳 China will impose a 10-15% customs duty on energy and vehicles imported from the USA starting Monday.

🇺🇸 Donald Trump announced that he will announce a 25% tariff on steel and aluminum on Monday.

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BREAKING: 🇺🇸 President Trump has ordered the US Treasury to stop producing pennies.

It currently costs the US 3 cents to produce each penny.

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