Morning Update — 26 January 2026

🌅 Morning Update — 26 January 2026

📊 US markets (Friday close): Wall Street finished mixed. The S&P 500 edged slightly higher, the Nasdaq added a small gain, while the Dow slipped as traders stayed selective ahead of a busy macro week.

🌏 Asia-Pacific: Most regional indices are under mild pressure this morning. The yen strengthened sharply, weighing on Japanese exporters and adding a defensive tone across the session.

💱 FX: The US dollar is softer broadly, with markets focused on heightened volatility in USD/JPY and rising intervention risk chatter.

🥇 Gold: Safe-haven demand remains front and centre — gold has pushed above $5,000, hitting fresh record territory amid geopolitical tension and risk-off flows.

🛢️ Oil: Crude is holding near recent highs after last week’s bounce, as traders balance geopolitical risk premia against broader supply expectations.

₿ bitcoin: Crypto is choppy, with risk sentiment and the dollar’s moves continuing to drive short-term direction.

🗓️ Economic Calendar of the Day (Mon, 26 Jan)
🇩🇪 11:00 — Ifo Business Climate (Jan)
🇩🇪 13:00 / 15:30 / 19:00 — Bundesbank Chairman Nagel Speaks
🇺🇸 17:00 — Durable Goods Orders m/m (Nov)
🇺🇸 17:00 — Durable Goods Orders ex-Transport m/m (Nov)

🚀 Trade carefully today: volatility can spike around headlines and top-tier data. Follow NordFX for more updates and stay tuned.

🌅 Morning Update — 26 January 2026 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.