No Going Back
Thursday 22nd January 2026
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
President Trump used his Davos address to insist there is “no going back” on his push to acquire Greenland, ruling out military action but signalling that more tariffs on Europe look inevitable — a stance that has kept gold at fresh highs even as broader markets remain relatively calm. Currencies and bonds were quiet overnight, with the Aussie dollar firmer and JGB yields retracing, while US equities stabilised after yesterday’s sharp fall. Oil is little changed, but the IEA…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.