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US: Wall Street ended higher on Wednesday, with the S&P 500 posting its biggest one-day percentage gain in two months, as investors were buoyed by news that a framework for an agreement on Greenland had been reached and the possibility of new U.S. tariffs on European allies had been averted.

Asia: Asian stocks followed Wall Street higher after US President Donald Trump dropped his tariff threat against European partners, easing trade-war concerns. India: The Indian equity market extended its losing streak for a third consecutive session on January 21 amid weak global cues, including geopolitical tensions over Greenland and a sharp selloff in Japanese government debt. The sustained selling pressure dragged the benchmark indices below their 200-day moving averages for the first time in eight months. Market is expected to open on a gap up note and likely to witness a positive move during the day.

Global economy: Japan’s exports rose for a fourth straight month in Dec’25 thanks to solid data centre-related demand, but a decline in shipments to the U.S. cast doubts over whether growth could be sustained in coming months. Total exports by value rose 5.1% YoY in Dec’25, less than a median market forecast for a 6.1% increase and after a 6.1% rise in Nov’25.

Trump’s Davos address was highly critical of Europe, but he said the U.S. would not use force to take Greenland from fellow NATO ally Denmark. In that sense, U.S.-Europe tensions cooled slightly, and an agreement on Greenland appears to have been reached. But the U.S.-European alliance is at its lowest ebb in 80 years.

The giant BYD logo gracing the ship's hull and each car window sent shockwaves through this crisis-stricken economy run for decades by the left-wing populist movement of Peronism that

ommodities: Crude oil prices moved slightly lower in early trade on Thursday. Gold prices eased in Asian trade on Thursday after hitting a record high near $4,900 per ounce in the previous session, as the retreat by U.S. President Donald Trump from tariff threats tied to Greenland tensions reduced safe-haven demand.

Currency: The dollar rose to the day’s high as President Donald Trump said he would refrain from imposing tariffs on goods from European nations opposing his Greenland plan, citing a reached “framework of a future deal.”

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