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Capital One Brex deal: $5.15B bank–fintech takeover
Capital One Brex deal: Capital One agreed to buy Brex for about $5.15B in a ~50/50 cash-stock transaction, targeting mid-2026 close. The move expands Capital One’s commercial payments stack and tests regulators’ appetite for bank-fintech consolidation.
Oil whipsaws on Iran and Ukraine signals, China buys more
Oil whipsaws as Trump rhetoric swings on Iran and markets price Russia-Ukraine progress. Brent slipped near $64 and WTI near $59, then rebounded on renewed Iran threats. Reuters data also show China lifting seaborne Russian crude imports toward ~1.5m bpd in January.
Netflix Warner deal shifts to $82.7B all-cash bid
The Netflix Warner deal is now an all-cash $82.7B offer after Netflix amended terms to pay $27.75 per Warner share. Warner’s board unanimously backs the plan, with a shareholder vote expected by April, as rivals and regulators watch consolidation closely.
Gold record as Greenland tensions whip global markets
Gold record pricing held as markets swung on Trump-Europe Greenland tensions. A risk-off wave followed tariff threats, then eased after Trump said at Davos he “would not use force” to acquire Greenland, tempering the sharpest tail-risk bets.
Oil outlook 2026: oversupply base case, Iran the swing
Oil outlook 2026 is set by oversupply, with a Reuters poll seeing Brent at $61.27 a barrel. But Iran disruption remains the swing risk, as Fitch says any shock may be muted by surplus supply, keeping traders focused on geopolitics.
Oil prices slide as Trump cools Iran risk premium
Oil prices slid more than 2% in early Asian trade on January 15, 2026 after Trump remarks eased fears of imminent U.S. military action against Iran. A surprise U.S. crude inventory build and Venezuela export news added bearish pressure.
Fed independence flagged as US rating risk by Fitch
Fed independence is becoming a market and ratings issue after Fitch warned that a meaningful erosion would be “credit negative” for the U.S., as a DOJ probe of Jerome Powell over Fed HQ renovation overruns turns into a political flashpoint.
The 2026 IPO surge: bankers position for a deal rebound
The 2026 IPO surge is back in view as Wall Street bankers cite stronger pipelines after 2025 fees topped $100B. OpenAI, SpaceX and Cerebras are among names floated as markets steady and private equity hunts exits.
China Economy Fractures: CPI Surges, Deflation Persists
December data reveals a widening split in China's economy: consumer prices hit a three-year high while producer prices remain in deflation, signaling severe industrial overcapacity.
Oil prices steady as Iran risk meets Venezuela return
Oil prices edged up on Jan 12 as Iran unrest and strike calls lifted supply fears, while Venezuela’s export restart capped gains. Brent near $63, WTI near $59 as traders awaited tangible disruption.
Powell DOJ probe sends gold past $4,600
Powell DOJ probe headlines jolted markets after reports of a criminal investigation tied to Fed renovations. Gold hit about $4,600/oz, the dollar slipped, and stock futures fell as investors priced fresh risks to Fed independence.
Anglo-Teck merger nears EU antitrust green light
The Anglo-Teck merger is set for a likely EU antitrust clearance via a simplified review, with a Feb 10, 2026 decision date and a separate foreign-subsidies check due Feb 3.
U.S. payrolls stall at 50k as S&P 500 hits record
U.S. payrolls rose just 50,000 in Dec 2025 and unemployment held at 4.4%, while the S&P 500 hit an intraday record as traders kept pricing 2026 Fed easing despite a likely January pause.
PBoC rate cuts signaled for 2026, with RRR easing
PBoC rate cuts are on the table for 2026, alongside reserve requirement ratio (RRR) cuts to keep liquidity ample and support growth. The signal follows months of steady benchmark lending rates and renewed focus on domestic demand.
Eurozone inflation hits ECB target in Dec 2025
Eurozone inflation eased to 2.0% in December 2025, matching the ECB’s target as energy prices fell. Services inflation stayed elevated, shaping expectations for a cautious rate path in 2026.
Marubeni Jacobson acquisition: Gola owner bought
Marubeni Jacobson acquisition puts UK footwear group Jacobson (Gola, Lotus, Ravel, Frank Wright) into Marubeni’s US consumer platform. Terms were not disclosed, but the move targets retro sneaker demand and global distribution scale.
Vistra Cogentrix acquisition: $4.7B bet on gas power
The Vistra Cogentrix acquisition adds 10 gas plants (~5.5GW) across key U.S. power markets for a deal valued around $4.7B. It shows utilities leaning into dispatchable capacity as demand jumps.
Exxon Q4 upstream earnings set to drop on oil slide
Exxon Q4 upstream earnings are poised to take an $0.8B–$1.2B hit from weaker crude prices, even as refining could add $0.3B–$0.7B. The update sets expectations for energy earnings season.
U.S. jobs report set to jolt 2026 markets
The U.S. jobs report on Jan. 9 could break the early-2026 calm as investors also price Venezuela-driven oil risk, shifting Fed-cut bets and near-term volatility.
ISM manufacturing PMI slips to 47.9 in Dec
ISM manufacturing PMI fell to 47.9 in December 2025, marking 10 straight months of contraction as tariffs, weak orders, and high input costs weighed on factories.