Summary

Donald Trump continued to make headlines over the Greenland situation. Markets initially reacted negatively to the President’s ambition to take control of the island, but talks in Davos helped stabilise relations between the U.S. and its allies. The Korean Kospi continues to make record gains, led by major names like Samsung, whose share price has skyrocketed in recent months as the world looks to its chips and memory to drive the AI craze further. Metals continue to soar as Silver reaches a record high, Gold hits $5,500, and copper surges on strong global demand. All fueled by dollar weakness and resumed geopolitical fears.

Index Performance

Europe

FTSE 100: -0.10%

FTSE 250: -0.26%

CAC 40: -1.60%

DAX: -3.00%

EURO STOXX 50: -1.51%

Asia

SSE: +0.40%

Hang Seng: +2.00%

Nikkei: -1.11%

KOSPI: 8.16%

North America

Dow Jones: -0.94%

NASDAQ: +0.08%

S&P 500: -0.02%

Oceania

ASX 200: -0.37%

Events

Rio Tinto pushes into the green as it and other rare-earth mining companies continue to reap the rewards of high commodity prices, as well as a new copper deal with Amazon.

Stellantis CEO Antonio Filosa is preparing to reshape the company with a new U.S.-centric vision to revive Jeep and Ram.

Volatility continues as Trump threatens tariffs on Greenland, sending safe-haven assets like gold and silver to all-time highs.

Large-cap tech stocks include Nvidia, Broadcom, Oracle, and Amazon, which fell 3.99%, 4.97%, 5.91%, and 3.40%, respectively.  

Natural gas futures soar amid freezing temperatures in North America, boosting demand.

Bitcoin slides below $90,000 for the first time since January 9^th as the global crypto sell-off intensifies.

Donald Trump says he will not use force to take control of Greenland, calming the global markets.

Intel’s share price rises to its highest since early 2022 as bulls bet on strong earnings.

Following Intel’s earnings release, its share price fell more than 7% after it issued soft Q1 guidance, with management citing supply constraints.

Famous game developer Ubisoft see its worst day as the studio cancels six games and delays another one by a year. This led to the shares sinking 36%.

CoreWeave sees a $2 billion investment by Nvidia to help scale AI data centres, sending the stock up over 6%.

LVMH beats its Q4 revenue expectations with €22.7 billion, but warns that 2025 will be tough amid global uncertainty and weaker fashion and leather sales.

General Motors shoots up over 8% after announcing a $6 billion buyback and a strong 2026 forecast.

Intel sees another major increase as Nvidia announces plans to move chip production away from TSMC to Intel by 2028.

Microsoft falls as Azure growth disappoints investors.

S&P 500 touches upon the 7,000 mark for the first time in its history.

Upcoming Events (Times in GMT)

February 5^th: Reserve Bank of India Interest Rate Decision. 4:30

February 6^th: Gross Domestic Product for Indonesia (QoQ) and (YoY). 4:00

February 10^th: Gross Domestic Product for Hungary (YoY). 7:30

February 13^th: Gross Domestic Product for the European Union (QoQ) and (YoY). 10:00

February 15^th: Gross Domestic Product for Japan (QoQ) and Annualised. 23:50

Dividend Payments for Major Companies

February 2^nd: AT&T ($0.28) and CVS Health ($0.67)

February 4^th: Comcast ($0.33)

February 6^th: General Dynamics ($1.50) and Pentair ($0.27)

February 9^th: Mastercard ($0.87)

February 10^th: American Express ($0.82)

February 12^th: Apple ($0.26)

February 13^th: Aon ($0.74) and Reality Income ($0.27)

Earnings of Major Companies

February 2^nd: Palantir Technologies.

February 3^rd: Pepsi, Amgen, PayPal, AMD, Nintendo, and Pentair.

February 4^th: Alphabet, Snapchat, and GlaxoSmithKline.

February 5^th: Amazon, ConocoPhillips, and Shell.

February 6^th: Philip Morris International.

February 10^th: Coca-Cola, AstraZeneca, Gilead Sciences, S&P Global, Duke Energy, Barclays and Ferrari.

February 11^th: Grab

February 12^th: L’Oréal, TransUnion, Yubico, GEO Group and Iridium Communications.