Markets will be digesting the latest round of tariff threats from US President Trump and a potential US government shutdown this week, in addition to ongoing geopolitical tensions.
Add to that the Federal Reserve meeting and rate decision, and more inflation data, and we’re in for a rollercoaster ride this week. “Buckle up for a huge week ahead,” said the Kobeissi Letter, which warned of “significant volatility this week.”
Economic Events Jan. 26 to 30
US President Trump threatened Canada with 100% tariffs over the weekend if the country went ahead with a deal with China. However, Canadian Prime Minister Mark Carney said on Sunday his country has no intention of pursuing a free trade deal with China, quelling some investor fears.
Meanwhile, there are increasing odds that the US government is heading for a partial shutdown this week as Senate Democrats vow to oppose a funding package.
“Government funding expires at the end of the week, and Republicans are determined to not
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