US equity futures are rising, with the Nasdaq 100 poised to recover December losses, driven by strong tech stock performance. Nvidia's positive outlook for Chinese AI chip shipments by mid-February is a key factor. Global bond markets are under pressure, with Japanese debt declining following a rate hike. Gold, silver, and copper prices have reached record highs, boosting related mining stocks. While US sentiment is positive with a focus on earnings, European equities are mixed. Asian markets, especially those exposed to AI, are outperforming, with TSMC and Samsung Electronics leading gains. Bullishness is high, fund managers are maintaining record low levels of cash, betting on further rallies. Oil prices are rising due to increased geopolitical tensions, and focus shifts to the upcoming treasury auctions.
zerohedge.com
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