Gold will continue to track real yields for the time being
Precious metals got a slight boost from Fed chair Powell yesterday, after he said that the central bank is not looking to ease policy any time soon – not until troubling signs of inflation begin to surface at least, which is a long ways to

Latest data released by Eurostat – 15 January 2021
– €25.9 billion; revised to €25.2 billion
On the month, exports grew by 2.0% while imports grew by 2.3%, leading to the marginally tighter trade surplus in November. Overall, trade conditions are still gradually picking up towards the end of last year so that is a positive

The new rules will come into force on 18 January
Reuters reports, citing a French government document showing that non-EU travellers will not be able to use antigen tests for the coronavirus – one that can deliver results in minutes – to get into the country upon testing negative.

What are some other risk factors to be mindful of right now?
Powell vs Biden debate
Italian politics
Another government reshuffle is on the cards in Italy and there are only a few options left, being a new majority being formed, a technical government takes over, or a very distinct possibility of early elections.