JPMorgan Chase CEO Jamie Dimon warns of "high anxiety" over elevated asset prices and mounting economic risks as markets face potential correction. Meanwhile, Asian markets surge with Taiwan's main index hitting record highs of 34,374.48 points, gaining 1.8% amid strong technology and semiconductor performance. President Trump prepares State of the Union address focused on economic achievements and cost-of-living relief initiatives. Precious metals faced sharp sell-offs, with gold dropping over 1% to $5,153.81 and silver falling more than 3%. The Chinese Yuan strengthened to its highest level since May 2023 while mainland China's CSI300 index opened 1.4% higher, reflecting diverging sector performance between industrial automation and consumer electronics. Investors remain cautious despite Asian strength.
Post from MarketNews_en
Log in to interact with content.