British Prime Minister (PM) Keir Starmer said on Tuesday, “I am beginning to see the UK’s economy turning around.” Additional comments Artificial intelligence (AI) will be a game-changer.

A bounce back for the poster boy?

Industrial metals traded under pressure at the start of the new week, with Copper dropping from a two-month high, amid concerns over China’s economic growth following weak factory activity and profit data, despite Beijing’s recent efforts to boost the economy, ING’s commodity analysts Warren Patters

Crude oil erased all the gains since the breakout and it’s now back near the key 72.00 handle. What’s next?

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.

Publicly listed fintech XTB (WSE: XTB ) plans to introduce spot cryptocurrencies to its offering, likely this year, Finance Magnates has learned.

They forecast the economy to contract by 0.1% in 2025

European natural gas prices also saw plenty of weakness yesterday with TTF settling 3.7% lower on the day, taking prices back below EUR48/MWh, ING's commodity analysts Warren Patterson and Ewa Manthey note.

The EURUSD pair is pulling back from the highs as negative tariffs headlines boosted the US Dollar. What’s next?

Tech shares look to rebound after a poor showing yesterday

Oil prices came under pressure yesterday with the market and the broader complex unable to escape the sell-off seen in equity markets, ING's commodity analysts Warren Patterson and Ewa Manthey note.

Australian forex broker Blueberry Markets announced today (Tuesday) the integration of DXtrade into its platform offerings, expanding its services for forex and contract for difference (CFD) traders.

Gold is pulling back into a key level ahead of the FOMC decision. What’s next?

But things are definitely much calmer compared to yesterday

Major digital asset exchange KuCoin has admitted to operating without proper licenses and agreed to pay $297.4 million in penalties, marking one of the largest settlements in crypto enforcement.

The Pound Sterling (GBP) faces pressure against its major peers in Tuesday's North American session.

Fintech firm EXANTE has secured regulatory approval from Poland's Financial Supervision Authority (KNF), marking its entry into Eastern Europe's largest financial market.

Latest data released by INSEE - 28 January 2025

Multi-asset broker VT Markets reported increased trading volumes and operational expansion in 2024, according to the company's annual performance update released today (Tuesday).

Here is what you need to know on Tuesday, January 28: Following Monday's choppy action, the US Dollar gathers strength against its rivals early Tuesday as markets assess US President Donald Trump's latest comments on tariffs.

The US Consumer Confidence is the only highlight

A more tepid mood after the selling yesterday

FX option expiries for Jan 28 NY cut at 10:00 Eastern Time via DTCC can be found below.

In a parliamentary speech on Tuesday, New Zealand (NZ) Prime Minister (PM) Christopher Luxon said that his government will bring a relentless focus on unleashing growth to lift incomes, strengthen local businesses, and create opportunity in 2025.” He further noted that “promising signs of success were seen in 2024, such as inflation dropping and remaining low, interest rates starting to fall, wages continuing to rise faster than inflation, and business and consumer confidence rising.” .

A look at what is on the board for today

Never a dull day since he's been in charge, eh?

Forex news for Asian trading on Tuesday, January 28, 2025

No surprises here

Chinese Foreign Ministry statement

Recent developments suggest May meeting in contention

Citing an internal memo sent by the Office of Management and Budget to agencies Monday, the Washington Post (WaPo) reported early Tuesday that “the White House budget office is ordering a pause to all grants and loans disbursed by the federal government.” Additional takeaways “Trillions of dollars could be on hold.” “Matthew J.

Wall Street Journal this time

Washington Post with the report

Microsoft is in discussions on TikTok

Japan's Economy Minister Ryosei Akazawa said on Tuesday that he ”will closely monitor the impact of the rate hike on the economy.” Separately, the Bank of Japan (BoJ) announced that it would provide JPY200 billion through the outright purchase of commercial paper.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $73.00 on Tuesday.

Reserve Bank of New Zealand speaker on Wednesday, January 29, 2025

Australian Q4 CPI preview via Commonwealth Bank of Australia

China is on holiday January 29 - February 4. HK and SG holidays are not as long.