Reuters Morning Bid

Latest Episodes:

Chair‑in‑waiting Jan 30, 2026

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President Trump nominates Kevin Warsh as the next head of the Federal Reserve. Plus, Apple delivers a blowout quarter driven by strong iPhone demand in Asia, even as chip shortages loom.

Today’s recommended read: Old-economy demands may stall emerging market decarbonization, by Gavin Maguire

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Hold steady Jan 29, 2026

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The Fed holds steady and markets shrug. Oil and gold climb as Iran tensions return. Meta earnings surge while Microsoft slides.

Today’s recommended read: Europe’s euro worry a mirror of US dollar dilemma?, by Mike Dolan

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Produced by Eliza Davis Beard, Ethan Plotkin and Abisoye Adelusi

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Dollar drop Jan 28, 2026

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The dollar nurses steep losses and President Trump says it’s “great.” The Fed steps into its first policy meeting of the year under intense scrutiny over inflation, independence, and who might replace Jerome Powell. And Microsoft and Meta’s latest earnings put fresh focus on how the AI boom is reshaping Big Tech.

Today’s recommended read: Be careful what you wish for on a weaker dollar, by Mike Dolan

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Seoul searching Jan 27, 2026

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Trump signals he could hike tariffs on South Korea, unsettling regional markets. Microsoft’s latest AI hardware sparks fresh questions over who leads the chipmaking race. And a U.S. winter storm drives energy prices sharply higher amid production shutdowns.‌

Today’s recommended read: World's 'middle powers' de-risking from America, Mike Dolan

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Produced by Eliza Davis Beard, Ethan Plotkin and Abisoye Adelusi

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Gold rush Jan 26, 2026

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Gold hits an unprecedented $5,000 as safe‑haven demand, central‑bank buying and political uncertainty intensify. Traders eye possible coordinated action to prop up the yen. And rising trade friction returns as Trump threatens 100% tariffs on Canada over a China trade arrangement.

Today’s recommended read: Battle for the Fed' heats up to challenge rate horizon, Mike Dolan

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Week Ahead: Powell play Jan 25, 2026

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The Fed isn’t expected to make any changes to interest rates, but all eyes are on the central bank’s chair, Jerome Powell, as President Trump ramps up the pressure. And with four of the Magnificent Seven reporting this week, markets will find out whether the AI boom still has momentum.

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Week in Review: Trust issues Jan 24, 2026

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From Greenland brinkmanship to tariff threats and a Supreme Court test of Fed independence, investors were asking one big question this week: what happens to markets when political power strains alliances, institutions, and the trust that keeps borrowing cheap and volatility contained?

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Dimon in the rough Jan 23, 2026

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European leaders shelve retaliatory action after Trump backs off Greenland, Intel struggles to deliver the chips powering the AI boom and President Trump escalates his long‑running feud with Wall Street by suing JPMorgan and its CEO Jamie Dimon.

Today’s recommended read: Will the world cut its $27 trillion 'long USA' position? by Jamie McGeever

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TACO Thursday Jan 22, 2026

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Global markets bounce back after President Trump abandons his tariff threats against Europe in a return of what investors call the “Trump Always Chickens Out” (TACO) trade. Plus, the Supreme Court signals it won’t let him fire Fed governor Lisa Cook and investors shift back to earnings season with Intel on deck.

Today’s recommended read: Greenland storm barrels into 'hyper bull' market by Mike Dolan

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Curve your enthusiasm Jan 21, 2026

Show notes

U.S. Treasury yields jump as tensions over Greenland and tariff threats rattle markets. Plus, the Supreme Court prepares to wade into the battle over Fed independence, and a sell-off in Netflix’s stock may be a warning to the tech industry.

Today’s recommended read: Europe’s energy weak spot reemerges in Greenland dispute by Ron Bousso

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Produced by Eliza Davis Beard and Ethan Plotkin

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