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Here are the share CFD dividends that will be paid out from 23 January 2026：

* Wall Street continues higher, after Trump’s walk-back of threats

* Dollar slips as Greenland worries fade, AUD surges as strong jobs lift hike bets

* Zelensky says deal on US security guarantees is “finished”

* Intel beat expectations but offered soft guidance for the current quarter

FX: USD recoiled from the 200-day SMA at 98.71 but hasn’t yet taken out the week’s low at 98.24. Data showed consumer spending on track for strong growth but the greenback succumbed to selling even as the “Sell America” theme appeared to have abated. Broader risk sentiment is now positive, while the longer-term repercussions of this week’s latest TACO could be more meaningful, if investors diversify away from US assets.

EUR picked up as dollar selling saw the major move away from the 50-day SMA at 1.1663. The daily RSI is back above 50 but bullish momentum will need to be strong to decisively get past the December highs around 1.18. Today’s PMIs could help the single currency if they cement the picture of an improving macro outlook. The flip side is further easing back of geopolitical tariff risk.

GBP bounced off the 200-day SMA at 1.3404 with whippy price action through the session. Renewed political uncertainty caused some volatility in the UK gilt market with yields jumping (and subsequently reversing) on rumours of a potential challenge to PM Starmer’s leadership. This revives memories of the ‘Truss moment’ and wild moves in gilts around potential damage to the fiscal situation. Cable eventually settled down with bulls eyeing the January top at 1.3567.

JPY underperformed again with haven buying abating and domestic politics continuing to keep pressure on the yen. An on hold BoJ will see focus on Ueda’s press conference and guidance, with the currency weakness and bond market turbulence on the radar. See below for more.

AUD surged on stellar jobs data. Unemployment surprisingly dipped to 4.1% as employment jumped by 65k, mainly driven by full-time hiring. Bets on the first hike of the cycle jumped with a 60% chance in February and 34bp by June. Bulls eye the long-term top at 0.6942 from September 2024.

US stocks: S&P 500 added 0.55% to close at 6,913, the Nasdaq was up 0.76% at 25,518 and the Dow Jones was higher 0.63% at 49,384. The Vix moved down again below 16 after its recent high above 20. Seven sectors were green with Communication Services, Consumer Discretionary and Tech outperforming, while Real Estate, Utilities, Industrials and Consumer Staples – defensives – lagged. Gains were led by megacap Tech names like Meta (+5.7%)and Tesla (+4.2%).The former was up on a broker upgrade on progress on AI while the EV-maker was boosted by positive robotaxi announcements from Elon Musk, who said the network will be very widespread in the US by the end of the year. Netflix fell 2.1% on more questions about the Warner Bros deal.  Abbott Labs plunged 10% on current quarter forecasts below analyst estimates.

Asian stocks: Futures are mixed. APAC stocks were green. The ASX 200 saw decent gains on positive global sentiment though the hot jobs report saw selling late on. The Nikkei 225 snapped the 5-day losing streak with chipmakers and financials strong. The Hang Seng and Shanghai Comp lagged in spite of tech bouncing.

Gold jumped to another record high and is a whisker away from $5,000, on a softer dollar. Bullion is up for three straight sessions and has risen 13.5% year and month-to-date. This price action is quite significant when some of the safe haven demand is meant to be unwinding, signalling strong retail and CTA demand. The monthly RSI is currently at 95, hugely overbought. Do we need to touch $5,000 to post a blow-off top?

Day Ahead – Bank of Japan Meeting, PMIs

After raising rates only last month, the Bank of Japan is widely expected to keep the policy rate steady at 0.75%. The latest quarterly outlook will also be released with possible higher growth and inflation forecasts. Guidance and comments on the weak yen and pass through to inflation, will be key. Based on the tone of rhetoric in the Governor Ueda speech last week, it looks very likely that the press conference will confirm more of the same this year – a BoJ that remains cautious over the pace of rate hikes ahead. He gave no impression that the depreciation of the yen was in any way altering the BoJ reaction function. He merely repeated the common guidance of there being a need for further rate hikes if the economy unfolded as expected. 

Global PMIs will be released with economists forecasting that modest growth momentum should continue with the indices near to prior December levels. UK data has shown signs of recovery after the budget gloom. Eurozone figures should cement the recent solid services momentum, though December’s composite figure did fall to a three-month low. We note that this data has been patchy in predicting GDP growth, especially in France.

Chart of the Day – USD/JPY consolidating below highs

Markets expect the BoJ to remain open to further rate hikes. But it won’t rush its next move if inflation moderates at least by the first half of 2026. Domestic politics have been a big recent driver of the yen recently, with a snap election called for 8^th February. The dovish PM and her big fiscal plans have pressured JPY. Last week saw the major push up past the January 2025 high at 158.87, before it closed below on a weekly basis. Prices are consolidating in a bullish fashion beneath this key level with eyes also on verbal and possible full intervention if we break sharply higher.

Here are the shares CFD dividend that will be paid out from 23 January 2026：

Due to Hub Migration, the trading hours of the Digital Coin CFD and Synthetic Indices market for Demo Servers will be adjusted this weekend as scheduled below:

During the migration period on 24 January 2026 (Saturday), 00:00 – 23:59 (GMT+2), the following services will be unavailable:

Additionally, please be advised that during the migration period, you are able to:

1. Log in to Live Servers on MT4 and MT5; or
2. Log in to our Client and IB Portal for deposit, withdraw, and creating new account; or
3. Log in to the Vantage app.

Trading hours of live servers will remain the same.

We recommend planning your trading activities accordingly and avoiding transactions or website activity during these times. Please note that while we strive to minimise any disruption, services may be temporarily unavailable during the scheduled maintenance. Vantage will not be liable for any losses incurred due to system unavailability during this period.

We sincerely apologise for any inconvenience this may cause.

If you have any questions about these changes, or require assistance, please do not hesitate to contact [email protected].

Here are the share CFD dividends that will be paid out from 22 January 2026：

* Wall Street jumps, reversing Tuesday’s losses on Greenland framework deal

* Dollar sees some demand as POTUS hails ‘productive meeting’ with NATO chief

* Supreme Court appears wary of Trump bid to fire Fed’s Cook

* Charles Schwab’s profit rises on higher trading volumes, interest income

FX: USD printed an inside day denoting some indecision while holding onto the 200-day SMA, with a lot of geo-economic matters enveloping markets. President Trump’s Davos speech yielded some give, in that he said no force would be used to take Greenland. This was positive for risk assets, though there are still longer-term issues for the buck like replacing Fed Chair Powell, sticky inflation and rising bond yields. Later in the US session, Trump dropped European tariff threats and touted a ‘future’ Greenland deal. The maximalist stance was once again simply a bargaining position, or as some will say, another example of TACO (“Trump Always Chickens Out”). In the near-term, seasonality is mildly positive for the dollar this month and more so in February.

EUR paused its bullish move this week.  Sentiment has been key with the world’s most popular currency pair guided by movements in the greenback. That means the cooling in Trump’s tone to Greenland has boosted risk assets and saw dollar buying. The 50-day SMA is 1.1660. CHF was the inevitable underperformer as safe havens got sold heavily. We highlighted that prices in USD/CHF were close to long-term support around 0.7871 and that zone so far did its job.

GBP tapped the 200-day SMA at 1.3403 but closed just above it.  We got mixed CPI data, offering a marginal upside surprise on headline (3.4% y/y vs. 3.3% expected) due to food prices, and modest softness on core (3.2% y/y vs. 3.3%). The BoE’s preferred gauge of “core services”, which excludes volatile and indexed items, came in at 4.0% for the third consecutive month. The release saw very mild softening in BoE rate expectations with the next meeting in early February and no changes expected.

JPY printed an inside day denoting some indecision and consolidation, as markets weighed up competing factors amid ongoing bond market turbulence, election news and intervention chatter. JGB yields have eased back from multi-year highs made on Tuesday as Japan’s Finance Minister gave reassurance about Japan’s fiscal outlook.

US stocks: S&P 500 added 1.16% to close at 6,876, the Nasdaq was up 1.36% at 25,327 and the Dow Jones was higher 1.21% at 49,077. It was the biggest one-day move higher for the benchmark S&P 500 since November 24. The 50-day SMA acted as support. The Vix moved down near 17 after its recent high above 20. All sectors were green with Energy, Materials and Health outperforming, while Consumer Staples and Utilities lagged but closed positive. Gains were led by Tech names like AMD (+7.7%), Micron (+6.6%) and Intel (+11.7%), with the latter reporting its latest earnings after the closing bell today. Netflix fell 2.2% after modest beats, soft guidance and possible higher content spending and costs from the Warner Bros deal.  

Asian stocks: Futures are mixed. APAC stocks were mixed. The ASX 200 saw miners gain but weakness in financials and tech. The Nikkei 225 edged lower again for a fifth straight day as banks and exporters weighed, due to concerns over Japan’s fiscal sustainability. The Hang Seng and Shanghai Comp ticked modestly higher with limited catalysts.

Gold hit more fresh all-time highs at $4,888 as the Greenland crisis, along with Fed independence concerns lingered. But the former tensions cooled with Trump’s speech and later pullback on tariffs in Davos, which saw bugs taking profits and bullion close off their highs.  

Day Ahead – Australia Jobs, US Core PCE

Consensus sees Australia adding 25k jobs in December, after the negative downside surprise last time. The unemployment rate is seen ticking up one-tenth to 4.4%, with the participation rate modestly recovering. There’s a high chance of a rate hike by June, with roughly 21bps priced in. The aussie had been hovering just below 0.67 but that resistance looks to have been broken this week with bulls eyeing the September 2024 top at 0.6942.

The Fed’s preferred measure of consumer inflation, the core PCE deflator figure, is expected to print at 0.2% m/m and 2.8% y/y. These November figures may be influenced by missing data sources during the government shutdown. A print near 3% reinforces the Fed’s wait-and-see stance. The central bank is currently in a blackout period, so no Fed officials are allowed to talk about monetary policy. Policymakers are meant to sit on their hands at their FOMC meeting next week, with only around a 36% chance of a rate cut by April.

Chart of the Day – S&P 500 holds onto 50-day SMA

The benchmark US stock market is barely in the green in 2026. That compares with other indices which have outperformed over recent months and the last year. The Mag 7 have been renamed the ‘Lag 7’ in some quarters, as the market leaders have broadened out while the Tech sector has dragged on the broader market. That compares with only Alphabet and Nvidia doing better than the S&P 500 in 2025. Most recently, after making fresh record highs last week, the index has fallen to the 50-day SMA at 6,832. The first minor Fib level sits below here at 6,698 while the all-time top is 6,986.