China’s Massive Savings Reallocation: The Hidden Driver of Gold’s Record Run

Posted on January 29, 2026 by Olumide Adesina

Chinese households are searching for higher-yielding investments, with $7 trillion in time deposits due this year. This shift could energize the country’s financial markets further.

Millions of people have sought the safety of bank deposits due to years of poor stock performance and a prolonged real estate crisis, which left behind a mountain of savings. That capital is increasingly seeking a new home as interest rates are now falling toward 1%.

Investors are contemplating switching to stocks, insurance, or wealth management products, aligning with Beijing’s efforts to promote long-term market growth and boost the overall economy.

According to a December report by Huatai Securities Co., approximately 50 trillion yuan in deposits with maturities longer than a year will mature in 2026, up 10 trillion yuan from the previous year. Zhang Jiqiang led the analyst group. The report states that large state-owned banks hold about 30 trillion yuan, with a larger share maturing in the first half of the year.

Sources familiar with the matter say the trend is already underway, with demand for participating insurance policies at some of the biggest insurers exceptionally high as investors seek steady returns in a low-interest-rate environment. Some are also investing in stocks, driven by a strong recovery that has increased their market value by more than $1 trillion in just the past month.

Since April, Chinese stocks have been climbing, demonstrating resilience during periods of international tariff tensions, as the nation’s AI advancements continue to attract investors. Gains in the technology sector have been particularly notable.

Greenback Drops to Lowest Since 2022 After Trump Embraces Weaker Dollar

Posted on January 29, 2026January 29, 2026 by Olumide Adesina

The dollar hit its lowest level since early 2022 after President Donald Trump said he was at ease with its recent decline. When asked if he was concerned about the currency’s decline on Tuesday, Trump told reporters in Iowa, “No, I think it’s great.”

Look at the business we’re doing, and I believe in the value of the dollar. The dollar is doing very well. “Trump’s remarks fueled concerns that his unpredictable policy changes would cause foreign investors to withdraw from the US, adding fuel to what was already the dollar’s biggest decline since his tariff rollout sent markets into a tailspin last year.”.

The US dollar declined against all of its major rivals, causing the Bloomberg Dollar Spot Index to extend losses to as much as 1.2 percent before stabilizing in Asian trading on Wednesday. Treasury Secretary Scott Bessent has emphasized the difference, and the president has long accused other nations of seeking lower exchange rates to increase exports.

The sharp increase in the yen since last week, as traders prepared for a possible intervention by Japanese authorities to support that country’s currency, contributed to part of the dollar’s decline. However, Trump’s erratic policies, which have alarmed foreign allies and investors, have also contributed to the dollar’s decline.

These include his threats to annex Greenland, his pressure on the Federal Reserve, tax cuts that increased the deficit, and a leadership style that has further polarized US politics.

The weakness has occurred in spite of rising yields on government bonds and expectations that the Fed will halt interest rate cuts at this week’s meeting, both of which would have historically been viewed as favorable to the currency. In fact, Trump has made it clear that he wants interest rates to be significantly lower, which would further depress the dollar’s value

AWS Layoffs Leaked Early: Amazon Sends Mistaken Email to Employees

Posted on January 29, 2026 by Olumide Adesina

Amazon acknowledged “organizational changes” in error at the company in a notice sent to cloud employees on Tuesday. The massive online retailer is anticipated to declare widespread layoffs in its corporate workforce.

Among the businesses that are anticipated to be affected are Amazon’s cloud computing and retail divisions. In an email seen by CNBC, Colleen Aubrey, senior vice president of applied AI solutions at Amazon Web Services, stated, “Changes like this are hard on everyone.” ”

These choices are challenging and carefully considered as we set up AWS and our company for future success.

The note also cites a statement made by Beth Galetti, Amazon’s HR director, stating that the company informed “impacted colleagues in our organization.” The email’s subject line refers to “Project Dawn,” and the fact that it was “canceled” suggests that the sender may have remembered it after the fact. What is meant by “Project Dawn” is unclear.

Jason Buechel, Amazon’s top grocery executive, advised employees that the company must make more “deliberate choices” to attract customers. In addition, he disclosed other reorganization plans for the division, such as the appointment of a “grocery quality” leadership position

Market Sentiment Pulse – A brief update on what’s moving markets and why – January 29, 2026

Posted on January 29, 2026 by Louis Schoeman

Market Sentiment Pulse – Risk Appetite Grows Amidst Economic Uncertainty

As we navigate through the current trading week, the forex market is exhibiting increased risk appetite, with traders responding to a blend of economic data and geopolitical developments. Major currencies have shown volatility, but trends suggest a cautious optimism as investors reassess their positions.

EUR/USD: The euro has gained traction against the dollar, climbing to 1.0850 as European economic indicators hint at resilience.
GBP/USD: The British pound remains under pressure, trading around 1.2350 amidst ongoing concerns regarding the UK’s economic outlook.
USD/JPY: The yen is showing strength, with USD/JPY dipping to 149.00 as traders react to Bank of Japan’s dovish stance.
AUD/USD: The Australian dollar is benefiting from rising commodity prices, currently trading at 0.6450.
USD/CAD: The Canadian dollar is gaining against the greenback, with USD/CAD falling to 1.3600, bolstered by firm oil prices.

Notable Economic Events Impacting the Markets

This week has been punctuated by several significant economic events that have influenced market sentiment:

US Non-Farm Payrolls (NFP): The latest NFP report showed a stronger-than-expected job creation, with 250,000 jobs added in the previous month. This has raised expectations of continued Federal Reserve interest rate hikes, supporting the dollar.
Eurozone GDP Growth: Preliminary GDP figures indicated a growth rate of 0.4% for the Eurozone, exceeding forecasts. This positive data has buoyed the euro and reinforced the outlook for European economic stability.
BoE Interest Rate Decision: The Bank of England’s recent decision to maintain rates has kept the pound under pressure, as inflation remains a concern. The accompanying statement hinted at potential future tightening, yet uncertainty looms over the UK economy.
Japanese Core Inflation Data: Japan’s core inflation rate has climbed to 3.2%, prompting speculation regarding the Bank of Japan’s long-term policy adjustments, leading to a stronger yen.

Overall Market Sentiment

The overall market sentiment is leaning towards a cautiously optimistic tone as traders digest mixed economic signals and geopolitical uncertainties. While US economic indicators have sparked hopes for a resilient economy, concerns regarding inflation and central bank policies across major economies continue to create volatility.

With risk appetite on the rise, traders are closely monitoring upcoming data releases and central bank communications for further direction. The focus will remain on how these factors will shape monetary policies and influence currency pairs in the days ahead.

In summary, the forex market is currently characterized by a delicate balance of optimism and caution. Traders are advised to stay informed and prepared for further fluctuations as new data emerges.

Market Sentiment Pulse – A brief update on what’s moving markets and why – January 29, 2026

Posted on January 29, 2026 by Louis Schoeman

Market Sentiment Pulse – Cautious Optimism Amid Economic Signals

The forex market has shown a mixed tone this week, with traders navigating through various economic indicators and geopolitical developments. While some currencies have gained strength, others have faced downward pressure, leading to a cautious approach among market participants.

EUR/USD: Up 0.4% – The Euro is buoyed by positive manufacturing data from Germany.
GBP/USD: Down 0.3% – The British Pound is struggling as inflation remains a concern for the Bank of England.
USD/JPY: Down 0.5% – The Yen strengthens as risk aversion rises in response to global economic uncertainties.
AUD/USD: Up 0.2% – The Australian Dollar sees mild gains on commodity price rebounds.
USD/CAD: Down 0.4% – The Canadian Dollar benefits from rising oil prices, supporting its value against the Greenback.

Notable Economic Events and Their Impact

This week has been pivotal, with several key economic reports influencing market dynamics:

U.S. Non-Farm Payrolls (NFP): Released last Friday, the NFP report showed an unexpected increase in jobs, which has slightly bolstered the USD. However, the wage growth figures were lower than anticipated, raising concerns about inflationary pressures.
Eurozone Manufacturing PMI: The PMI data released earlier this week indicated an expansion in manufacturing, particularly in Germany. This has bolstered the Euro, prompting a shift in sentiment towards a potential ECB interest rate hike.
UK Inflation Rate: The latest inflation figures revealed persistent inflationary pressures, which have led to speculation about the Bank of England maintaining its hawkish stance. This has put downward pressure on the Pound as traders weigh the risks of a recession.
Bank of Japan Monetary Policy Meeting: The BoJ’s continued accommodative stance has kept the Yen under pressure, but the recent global risk-off sentiment is lending some support to the currency.

Overall Market Sentiment

In summary, the current market sentiment is characterized by cautious optimism as traders digest mixed economic signals. The stronger-than-expected U.S. jobs data provided a temporary boost to the USD, yet concerns surrounding inflation and potential recession risks in the UK have led to a bearish outlook for the Pound. Meanwhile, the Euro is experiencing a rally based on positive manufacturing data, although uncertainties surrounding the ECB’s next moves loom large.

Traders are advised to stay vigilant as upcoming economic indicators and geopolitical developments could trigger further volatility across currency pairs. Overall, while there are pockets of strength, the forex market remains susceptible to fluctuations driven by economic fundamentals and market sentiment. With the focus on upcoming central bank meetings and further economic releases, the coming days promise to be eventful for forex traders.

Worldcoin Rallies 14% on OpenAI Social Media Rumors, But Can Momentum Hold Above Key Support Levels?

Posted on January 29, 2026 by Arslan Butt

The cryptocurrency Worldcoin (WLD), which is associated with OpenAI CEO Sam Altman’s biometric identity project, had a sharp 40% price increase on Wednesday in response to rumors that the AI behemoth is creating a “humans-only” social media platform. While down from its Wednesday peak of $0.63, WLD is currently trading over $0.52, marking a 14% increase over the previous day.

Worldcoin Rallies 14% on OpenAI Social Media Rumors, But Can Momentum Hold Above Key Support Levels? — Worldcoin (WLD) Targets 200-Day EMA as OpenAI’s “Humans-Only” Social Media Rumors Fuel 14% Rally

A Forbes article that quoted people with knowledge of OpenAI’s intentions to develop a bot-free social media rival to X (previously Twitter) set off the demonstration. A small team of about ten developers has been working on the platform since early 2025, according to the source, and “proof of personhood” verification may make use of Worldcoin’s contentious World Orb eyeball scanner or Apple’s Face ID.

A key part of the World ID system, the World Orb scans users’ faces and irises to confirm their unique human identities. It has drawn criticism for privacy issues. Despite WLD’s difficult year-long performance, investor interest in the company has increased due to the reported integration with OpenAI’s products, which includes possible ChatGPT support for content production.

WLD/USD Technical Outlook Shows Mixed Signals After Volatile Week

After rising 25% on Wednesday, WLD has slowed, falling 5% on Thursday and retreating from the 100-day Exponential Moving Average (EMA). Critical technical junctures that could affect the cryptocurrency’s short-term direction are currently present.

The 50-, 100-, and 200-day EMAs are all dropping, indicating that the overall trend structure is still bearish. At $0.5547, the 50-day EMA provides immediate support. If this level is consistently broken below, selling may pick up speed in the direction of the psychological $0.50 support zone, where purchasers might try to protect the token.

On the other hand, momentum indicators paint a cautiously hopeful picture. The MACD line crossed above the signal line close to zero, indicating improved short-term momentum, and the Moving Average Convergence Divergence (MACD) histogram has become positive. After recent volatility, the Relative Strength Index (RSI) is currently at 51, a neutral position that shows neither overbought nor oversold conditions.

Key Resistance and Price Targets

WLD has to recover the 100-day EMA at $0.6503 in order for bulls to take back control. This would pave the way for the 200-day EMA at $0.8201. After a sharp 70% drop over the previous 12 months, such a move would indicate a possible trend reversal and represent a 57% gain from current levels.

An interesting configuration is produced when fundamental catalysts and technical recovery signals come together. The coin may experience a resurgence in demand if OpenAI’s social media platform comes to fruition with significant WLD inclusion. Investors should be aware, meanwhile, that information is still lacking and that neither OpenAI nor World have formally confirmed platform details or cryptocurrency integration.

Short-Term Worldcoin (WLD) Price Prediction

WLD will have to make a crucial decision in the upcoming weeks. As long as the price stays below the 100-day EMA, bears are in charge, with a downside risk of $0.50. The neutral RSI and positive MACD crossover, however, indicate that accumulation may be taking place at present levels.

A retest of $0.50 could occur if the $0.55 support is not maintained. A conservative near-term goal is $0.65 (100-day EMA). Because low-volume rallies could not be sustainable in the current market conditions, traders should keep an eye out for volume confirmation on any breakout attempts.

Seagate Stock Surges 19% as AI-Driven Data Storage Demand Powers Record Quarter

Posted on January 29, 2026 by Arslan Butt

Following the presentation of outstanding fiscal second-quarter results that highlighted the company’s pivotal role in the quickly growing AI data infrastructure sector, Seagate Technology Holdings’ shares surged more than 19% on Wednesday.

Seagate Stock Surges 19% as AI-Driven Data Storage Demand Powers Record Quarter — Seagate Shares Rocket 19% as AI “Exabyte” Demand Fuels Record Profitability

Seagate’s Record-Breaking Financial Performance

For the quarter ending January 2, the hard disk drive maker announced revenue of $2.83 billion, which was higher than analysts had predicted and represented a 22% year-over-year rise. Even more impressively, adjusted earnings per share increased by 53% to $3.11 as a result of the company’s substantial margin expansion as it takes advantage of the data storage industry’s limited supply and rising demand.

“As AI applications amplify the creation and economic value of data, modern data centers increasingly need storage solutions that combine performance and cost-efficiency at exabyte-scale,” stated CEO Dave Mosley in the release of earnings. One billion gigabytes of digital data is represented by an exabyte, underscoring the enormous storage needs resulting from AI workloads.

Strong Margins Reflect Pricing Power

Seagate’s profitability indicators demonstrated the exceptional performance of the quarter. Operating margin increased by 8.8 percentage points to 31.9%, while adjusted gross margin increased by 6.7 percentage points to 42.2%. These improvements demonstrate the company’s strong pricing power in a supply-constrained market where hyperscalers and cloud providers are competing for high-capacity storage solutions.

HAMR Technology Drives Competitive Edge

The successful expansion of Seagate’s HAMR-based Mozaic storage devices is a key component of its growth narrative. HAMR (Heat-Assisted Magnetic Recording) technology enables higher storage densities, with Seagate now shipping 32TB drives that address the escalating capacity demands of AI-driven data centers. In the competition to meet the demands of AI infrastructure, this technological development gives the corporation an advantage over rivals Western Digital and Toshiba.

With adjusted earnings per share of $3.40 and fiscal third-quarter revenue of roughly $2.9 billion (plus or minus $100 million), management conveyed confidence in continued progress. Mosley informed analysts during the earnings call that “based on our build-to-order pipeline, we anticipate these positive demand trends will continue for some time,” pointing to ongoing progress from the enterprise edge and persistent demand from global cloud data centers.

Despite the capital-intensive nature of ramping up new production technologies, the company also confirmed its quarterly dividend of $0.74 per share, demonstrating management’s confidence in long-term cash creation.

Risks Remain Despite Strong Performance

Investors should, however, continue to be aware of potential obstacles. A low cash-to-debt ratio and negative shareholders’ equity are two balance sheet issues that analysts have highlighted as potentially limiting financial flexibility in the event that market conditions worsen. Additionally, with the stock having already experienced substantial gains, some market observers caution that Seagate has characteristics of a “shortage stock,” meaning any slowdown in AI-related orders or weakening pricing power could trigger sharp sentiment reversals.

The Bottom Line

However, Seagate’s record-breaking quarter solidifies the company’s position at the nexus of two potent trends: the hardware infrastructure buildout necessary to support workloads for next-generation computing and the ravenous appetite for data storage fueled by AI applications. Seagate seems well-positioned to take a sizable chunk of the storage demand that is sometimes disregarded in AI-focused investment conversations as businesses and cloud providers continue to make large investments in AI capabilities.

Seagate’s success shows investors following the AI infrastructure story that the opportunity goes far beyond semiconductors and computing platforms to include the enormous storage capacity needed to train models and support AI applications at scale.

Hyperliquid (HYPE) Eyes $50 Target as Commodities Trading Boom Drives 58% Three-Day Rally

Posted on January 29, 2026 by Arslan Butt

Despite a general downturn in the cryptocurrency market, Hyperliquid’s native token, HYPE, is showing impressive strength. It is currently trading at $32.90 after rising 58% over the course of three days to hit an eight-week high of $34.50. The rally comes as commodity trading on the platform’s HIP-3 decentralized exchanges has grown rapidly, making Hyperliquid the most liquid cryptocurrency price discovery arena in the world.

Hyperliquid (HYPE) Eyes $50 Target as Commodities Trading Boom Drives 58% Three-Day Rally — Hyperliquid (HYPE) price prediction

Record Trading Volume Fuels Token Momentum

The extraordinary activity on Hyperliquid’s HIP-3 DEXs, which saw milestone metrics this week, is directly related to the spike in HYPE’s price. While daily trading volume reached a record $1.78 billion on Wednesday, open interest across these exchanges surged to a new all-time high of $935 million, indicating rapidly growing platform use.

With over $1.25 billion in 24-hour activity on Monday alone, silver perpetual futures became the breakout star and the third most traded asset on Hyperliquid, after Ethereum and Bitcoin. As precious metals continue their historic bull run, with gold surpassing $5,000 and silver reaching an all-time high of $117 per ounce, commodities trading is exploding.

According to CEO Jeff Yan, “Hyperliquid has quietly achieved an important milestone of becoming the most liquid venue for crypto price discovery in the world,” highlighting the platform’s superiority in trading perpetuals for both traditional financial assets and cryptocurrency.

HYPE Derivatives Market Signals Strong Conviction

The derivatives market data from HYPE shows a strong positive stance. Over the course of 72 hours, futures open interest increased 48.7% to $1.82 billion, while liquidations came to $34 million, of which $32.2 million represented crushed short holdings. This uneven liquidation profile shows that the strength of the rise caught bears off guard.

A classic bullish indicator is when open interest and price action both rise at the same time. This indicates that real new capital is entering the market rather than just shifting positions. During an uptrend, rising OI usually improves liquidity and encourages further price growth.

HYPE/USD Technical Breakout Confirms Bullish Reversal

Technically speaking, HYPE has successfully broken out of a multi-month falling wedge pattern, which is a typical bullish reversal setup. Near $25, the token broke above the 50-day simple moving average and the upper trendline of the wedge, creating a strong support confluence that has withstood several retests.

The breakout was accompanied by a 73% increase in trading volume over the course of a day, confirming the legitimacy of the move. While the Relative Strength Index (RSI) has pushed into overbought territory at 72–83 depending on the timeframe, indicating both possible near-term consolidation and high momentum, the moving averages are convergent toward a bullish crossover.

An upside objective of about $49.80, or a 45% gain from current levels, is projected by the pattern’s measured move. This is consistent with Whale Factor’s independent technical research, which points to the $50 zone as a crucial Fibonacci resistance level after the multi-month downtrend break.

Hyperliquid Price Prediction: Path to $50 with Key Resistance at $35.50

The $35.50 resistance level, the prior breakdown point that is currently serving as an overhead supply, presents the HYPE bulls with their immediate battle. Over the next several weeks, a clear path toward the $44–$50 target zone would be made possible by a decisive closing over this mark.

Traders should take heed, though, as the high RSI readings imply that a slight pullback or consolidation may occur before to the subsequent run higher. With stronger support at the breakout zone close to $25, where the 50-day moving average is located, key support is currently located at the $31.31 level (23.6% Fibonacci retracement).

Gold Fields Shares GFI Skyrocket on Record Production, Soaring Gold Price and Strategic Partnerships

Posted on January 29, 2026January 29, 2026 by Skerdian Meta

Record output, skyrocketing gold prices, and strategic alliances are driving Gold Fields Ltd.’s historic surge, but investors are nonetheless cautiously enthusiastic ahead of Q4 earnings.
Continue reading “Gold Fields Shares GFI Skyrocket on Record Production, Soaring Gold Price and Strategic Partnerships” →

Bitcoin Hovers Above $88K as Traders Target $93.5K Liquidation Zone Amid Fed Rate Hold

Posted on January 29, 2026 by Arslan Butt

With no fluctuation over the last day, Bitcoin [[BTC/USD]] is currently trading above $88,000 as investors process the Federal Reserve’s decision to keep interest rates where they are. The market was in a state of cautious caution after the Fed’s pronouncement, even though the flagship cryptocurrency saw a brief rally above $90,600 on Wednesday.

Bitcoin Hovers Above $88K as Traders Target $93.5K Liquidation Zone Amid Fed Rate Hold — Bitcoin price analysis

Massive Short Liquidation Zone Points to $93.5K Target

On-chain data shows a strong setup for Bitcoin bulls despite the recent decline. Mark Cullen, a cryptocurrency trader, claims that over $4.5 billion in total short positions are concentrated around the $93,500 price level, forming what he refers to as a “sore thumb” on Bitcoin’s exchange liquidation map, a blatant “Come get me!” signal for aggressive traders.

This concentration of leveraged short positions is supported by CoinGlass data, which indicates that forced liquidations may cause a sharp price acceleration if Bitcoin is able to move into the $93,500 zone. This occurrence, referred to as a “short squeeze,” happens when traders cover their positions, creating purchasing pressure that intensifies over time and has the ability to turn a slow rally into an explosive run higher.

However, there are substantial obstacles in the way of reaching this liquidation zone. The institutional demand from US-based investors is tracked by the Coinbase Bitcoin premium index, which is still very negative. This suggests that leverage and futures market activity, rather than natural spot purchases from US institutions, are the main drivers of current price action, which raises concerns about sustainability.

BTC/USD Technical Indicators Flash Warning Signs Despite Bounce Potential

A number of technical signs indicate that caution is necessary, even though the short liquidation position offers an alluring opportunity. Both the on-chain pressure oscillator and the Composite risk oscillator, which tracks SPX, gold, crude oil, and DXY versus BTC, are still firmly rooted in risk-off area, according to cryptocurrency analyst Leo Ruga. On-chain pressure is currently above 34, which has historically been linked to market stress rather than trend expansion, while the risk oscillator is currently close to 52.

Ruga stated, “For a sustained recovery, selling pressure must run out,” implying that any positive momentum could find it difficult to hold up in the present environment.

Analyst Pelin Ay adds the Whale Ratio, which is presently trading close to its 100-day moving average without exhibiting clear accumulation, to the mix of indications. Whales aren’t actively selling, but they’re also not setting up for a big price increase, suggesting that big holdings are taking a wait-and-see stance that might prolong erratic, aimless trading.

[[BTC/USD-graph]]

Bear Market Warning: Supply in Loss Indicator Reverses Course

The 365-day simple moving average of Bitcoin’s Supply in Loss measure, which bottomed in October when BTC reached its all-time high above $126,000, has started to trend upward, which may be the most alarming development for long-term holders. The early stages of bear markets, when losses shifted from short-term traders to longer-term participants, have traditionally been identified by this indicator, which calculates the percentage of circulating supply held at a loss.

The shift in direction reflects trends that foreshadowed prolonged downturns in earlier cycles, even though present levels haven’t reached the capitulation zones observed in prior bear markets. However, when the H1-2025 dip gave way to fresh bullish momentum, an earlier reversal in this cycle turned out to be ephemeral, and it is still unclear if this is the start of a true bear market.

Bitcoin Price Outlook: Critical Battle at Moving Averages

Technically speaking, the current rescue bounce in Bitcoin has reached its moving averages, where considerable resistance from bears is anticipated. If sellers are able to hold this level, Bitcoin may drop to the $84,000 support area. Further declines might push prices to $80,600 or perhaps the strong support level of $74,508 if there was a clear closure below $84,000.

On the other hand, a rally toward the $94,789 to $97,924 resistance zone—conveniently aligned with the $93,500 short liquidation cluster—would be made possible by a break and closing above the moving averages. If this resistance is successfully broken, it would indicate that the corrective phase is probably over and might bring about a new leg higher.