Trading news

United States (US) President Donald Trump has fulfilled his threats and finally struck Venezuela. Different media reports that explosions in Caracas began around 1:50 am local time on Saturday, leaving multiple areas of the city without power.

Argentina Tax Revenue (MoM) rose from previous 15598B to 16527.3B in November

Financial markets extend the holiday mood on the first trading day of the new year. Markets continue playing the waiting game for a data-driven next week.

The Canadian Dollar (CAD) hit a bit of a soft patch on Friday, kicking off the first trading day of 2026 on the back foot. The Loonie is one of the worst performers for the day, shedding weight against all but one of its major currency peers.

US equities opened 2026 on a cautious note, with the S&P 500 and Nasdaq essentially flat as strength in semiconductors offset weakness elsewhere in technology.

The US jobs report will be the main economic release next week, with other US data including the ISM indices and consumer sentiment. Elsewhere, the focus will be on inflation in Europe and China, whilst wage data is due in Japan, Deutsche Bank's economists report.

United States S&P Global Manufacturing PMI meets expectations (51.8) in December

Canada S&P Global Manufacturing PMI climbed from previous 48.4 to 48.6 in December

Singapore Manufacturing PMI increased to 50.3 in December from previous 50.2

Brazil S&P Global Manufacturing PMI: 47.6 (December) vs previous 48.8

Gold (XAU/USD) accelerated its recovery on a holiday-thinned session on Friday, with markets in Japan and China closed for the New Year festivities. The precious metal is 1.75% up on the day, reaching levels near $4,400, after bouncing from $4,274 earlier this week.

India Bank Loan Growth increased to 12% in December 8 from previous 11.5%

The US Dollar is trading practically flat against the Swiss Franc, right below the 0.7940 line, ahead of the US session opening on Friday, The pair has edged up from three-month lows at the 0.7860 area in late December, but it closed the 2025 year with a more than 12% decline.A combination of market

India FX Reserves, USD rose from previous $693.32B to $696.61B in December 22

Portugal Business Confidence: 3.1 (December) vs 3

Portugal Consumer Confidence rose from previous -15.2 to -14.5 in December

The Pound has been rejected at 1.3475 on the early London trading session on Friday, and retreated to session lows at the 1.3450 area at the time of writing.

The EUR/GBP extended losses for the third day in a row, although it remains trapped within a tight range, roughly between 0.8700 and 0.8740, in the aftermath of a series of downbeat manufacturing activity data releases in the Eurozone and the UK.

Greece Unemployment Rate (MoM) dipped from previous 8.6% to 8.2% in November

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $74.51 per troy ounce, up 4.07% from the $71.59 it cost on Thursday.