Donald Trump will be stealing everyone’s thunder as he makes his return to the White House on Monday, but he’s not the only show in town. Here’s what will have our attention this week.
Look who’s back
Brace yourself. Donald Trump officially takes the Oval Office on Monday, and the world will be watching every move. Top priority: crypto and tariffs. According to Bloomberg, 47’s executive order on crypto could be out on 20 January, and will make cryptocurrency a national priority.
Markets are already buzzing with speculation over how Trump will roll out tariffs. It looks like first in the crosshairs will be China, Canada and Mexico, following Trump’s bold pledge to hit Beijing with an extra 10%, and slap a 25% tariff on the other two. Expect action and drama — it’s what he does best. (Jan 20)
Read more: Trump tariffs reloaded. America scores, the world stumbles
Big ideas, high altitude
Trump will also be making an appearance at Davos, albeit virtually.
The 55th World Economic Forum kicks off in the Swiss Alps on 20 January, bringing together some of the biggest names in politics and business. This year’s theme? Collaboration for the Intelligent Age.
Trump’s live dialogue session on Monday is shaping up to be one of the week’s hottest tickets. We’ll be tuning in for his take on what his administration has in store — no doubt markets will too. (Jan 20-24)
Read more: Decoding Trump’s move to make crypto a ‘national priority’
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Meanwhile, earnings season is catching fire, with the spotlight on some big names set to spill the beans on their performance. The S&P 500 is tipped to report the highest year-on-year earnings growth in three years for the fourth quarter at 11.7%, according to FactSet data.
In the US, Charles Schwab and Interactive Brokers could dish out insights on the retail trading frenzy during the final quarter of 2024 (most of which went down after Trump’s win).
Netflix will be pulling back the curtain on how things are going in streaming-land, while NextEra Energy from the power sector is also going on stage. It’s worth noting that Goldman Sachs likes the look of NextEra, and sees it benefiting from the demand increase for data centers.
Over in India, it’s a heavyweight lineup with Zomato, Paytm, HDFC Bank, and Hindustan Unilever all reporting. Expect some juicy takes on consumer trends and the overall corporate mood as India kicks off 2025. (Jan 20-24)
Edited by Tim Hume. If you have any tips, ideas or feedback, please get in touch: talk-to-us@moniify.com
