Morning Bid: Trump lands, markets wait

By Mike Dolan

Jan 21 -

What matters successful U.S. and planetary markets today

By Mike Dolan, Editor-At-Large, Finance and Markets

World markets took a crisp intake of enactment archetypal happening Wednesday arsenic a dense selloff successful stocks, bonds and the dollar abated portion investors waited to perceive from President Trump successful Davos aboriginal successful the day.

What volition Trump ​do adjacent regarding his tariff threats against Europe implicit Greenland? That is hard to gauge, adjacent though the President insists helium won't backmost down and European leaders are lasting ‌firm connected their pledge to retaliate if February 1 tariffs instrumentality effect.

I’ll get into each that and much below.

But first, cheque retired my latest file connected wherefore the imaginable of rising Treasury yields whitethorn marque the Trump medication deliberation doubly ‌about initiating a Transatlantic commercialized war.

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Today's Market Minute

* U.S. President Donald Trump arrives successful Davos connected Wednesday and is apt to usage the WEF to escalate his propulsion to get Greenland contempt European protests.

* Britain and China purpose to revive a "golden era" concern dialog erstwhile Prime Minister Keir Starmer makes a planned Beijing sojourn adjacent week, said 3 sources acquainted with the initiative.

* Netflix has switched to an all-cash connection for Warner Bros Discovery's workplace ⁠and streaming assets without expanding the $82.7 cardinal terms successful a bid ‌to unopen the doorway connected Paramount's rival efforts to snag the Hollywood giant.

* Europe's dependence connected U.S. vigor could go a bargaining spot for President Trump successful the standoff implicit Greenland, writes ROI Energy Columnist Ron Bousso.

* How precisely does an capitalist terms planetary authorities change? ROI Markets Columnist Jamie ‍McGeever considers this question successful his latest column.

TRUMP LANDS, MARKETS WAIT

The White House whitethorn motion disconnected immoderate fallout from the simmering transatlantic commercialized warfare connected U.S. stocks oregon adjacent the dollar, but a surge successful U.S. Treasury yields could beryllium particularly toxic for Donald Trump's medication successful a mid-term predetermination year.

Whether that would beryllium capable to marque the U.S. president backmost down - arsenic immoderate judge a Treasury output spike did aft the "Liberation Day" tariff salvo past April- is an unfastened question, ​one that raises the stakes for investors successful U.S. indebtedness and for the medication itself.

Financial turbulence surrounding the archetypal Trump tariff expanse past outpouring subsided quickly. But planetary investors whitethorn person ‌grown complacent successful assuming that deals yet get done, helped by the unwillingness of European allies to ruffle U.S. relations.