Donald Trump
On Saturday evening, the Chinese-owned app stopped working for U.S. users after a national security law took effect
West Texas Intermediate crude futures also rose by 0.2 percent to $77.56 per barrel
The Federal Reserve will likely hold interest rates steady on January 29
As TikTok faces bans, users are shifting to RedNote, which poses similar data and foreign influence risks
Gold rose to its highest since December 12 after several sets of U.S. economic data pressured Treasury yields further
Consensus U.S. GDP growth forecasts for 2025 are at +2.1 percent, a rosy forecast given the risks
Data on Tuesday showed that U.S. producer prices increased moderately in December
The U.S. dollar index fell 0.32 percent to 109.60, remaining near its two-year peak
Crude oil WTI Futures expiring in March increased by 1.7 percent, hitting $77.06 a barrel
Brent oil futures set to expire in March climbed by 0.4 percent to reach $77.22 per barrel
The U.S. dollar index held steady at 109.09, nearing the two-year high it touched last week
