๐ Galaxy Research believes that the passage of the CLARITY Act will serve as a powerful bullish driver for the cryptocurrency market. The bill aims to clarify whether cryptocurrencies are classified as securities or commodities, addressing significant uncertainties in U.S. crypto regulation. Many market participants anticipate that a well-crafted, unified law like the CLARITY Act could greatly benefit the cryptocurrency sector. However, voting on the bill in the Senate Banking Committee has been postponed indefinitely due to disagreements with industry players, including Coinbase.
๐ The earnings season for the fourth quarter of 2025 is gaining momentum in the United States. Among the companies that have reported, 79% exceeded EPS expectations, surpassing the 5-year average of 78% and the 10-year average of 76%. Additionally, 67% beat revenue expectations, slightly below the 5-year average of 70% but above the 10-year average of 66%. โ FactSet
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mt in max
โ ๏ธ๐บ๐ธ Analysts express growing concerns over the rising US stock market, as the gap between US market capitalization and GDP reaches unprecedented levels. The Buffett Indicator has surged to 230%. Despite this, Trump frequently touts stock market records, claiming he will support the market at these levels and that stocks should continue to rise. US households, who are also voters, have heavily invested in stocks, making it crucial not to disappoint them ahead of the upcoming midterm elections. mt ะฒ max
๐ Key events this week include the World Economic Forum in Davos, starting on January 19. The US observes Martin Luther King, Jr. Day, with no trading. Significant economic reports are expected, such as China's GDP, Canada's CPI, and the Eurozone's CPI on Monday. Throughout the week, data on unemployment, inflation, and manufacturing indices from various countries will be released. Notably, the US will report its GDP and jobless claims on January 22. For more details, visit the World Economic Forum.
โ ๏ธ๐ช๐บ๐บ๐ธ NATO has warned that threats from the United States to impose tariffs could undermine transatlantic relations and lead to escalation. French President Macron has called on the EU to utilize its "trade bazooka" in response to U.S. tariff threats concerning Greenland. According to Bild, U.S. tariffs could result in a 10% decline in German exports. In a related development, German military personnel have begun to hastily leave Greenland, as reported by Bild.
๐บ๐ธ One of the key intrigues of the upcoming market opening in the United States, after a trading break tomorrow, is the potential impact of President Trump's announcement of a 10% tariff on countries sending troops to Greenland. Jim Cramer has urged investors to brace for a "bad" opening. Meanwhile, experts note that cryptocurrency markets have not experienced a decline. For more insights, visit mt in max.
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๐ฉ๐ช German military personnel have successfully completed their mission in Greenland and have now departed the island, announced Colonel Milevchuk, a representative of the German Armed Forces mission.
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โ ๏ธ๐บ๐ธ๐ช๐บ Europe is concerned that former President Trump may dismantle NATO, which could force the continent to establish its own military alliance, according to the Wall Street Journal. The potential shift in U.S. foreign policy has raised alarms among European leaders, prompting discussions about the future of transatlantic security cooperation. For more details, visit mt ะฒ max.
โ ๏ธ๐ช๐บ BBG reports a decline in European stocks anticipated at the market opening on Monday.
โ ๏ธ๐ช๐บ๐บ๐ธ The European Parliament has suspended the ratification of the EU-US trade agreement following President Trump's decision to impose tariffs on certain EU countries over Greenland, stated Manfred Weber, head of a major EP faction, in an interview with ZDF. Trump's new tariffs on Europe regarding Greenland will take effect on February 1, unless a deal is reached. In retaliation, EU tariffs on the US could be implemented as early as February 6, according to media reports. mt in max
โ ๏ธ๐ฌ๐ฑ An extraordinary EU meeting on Greenland will take place in the coming days, announced European Council President Antรณnio Costa.
โ ๏ธ๐ฎ๐ท A U.S. Navy carrier strike group led by the USS Abraham Lincoln has entered the Malacca Strait en route to Iran. The carrier and its accompanying destroyers, USS Spruance and USS Michael Murphy, are expected to reach the U.S. Central Command (CENTCOM) area within 5-7 days. Additionally, 12 American F-15 fighters have arrived in Jordan, with more expected soon. U.S. military transport planes have landed at the Diego Garcia base, previously used for B-2 stealth bombers targeting Iran's nuclear sites. U.S. officials state that "all options are being considered," aiming to bolster military presence in the region.
โ The Jerusalem Post
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โ The Jerusalem Post
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