Open: London Session | Forex, Metals, Oil, Agriculture January 26, 2023

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United States

Scholz finally consented on Wednesday to send the tanks after wringing an agreement from President Joe Biden that the US would also send its tanks. The US plan angered the Europeans as they saw the tax credits as discriminating against their companies. Tempered Tesla It s a Wall Street adage that earnings misses are more severely punished than beats are rewarded. Tesla also confirmed it will start building the long-awaited Cybertruck in Texas later this year.Wall Street s reaction?
The US followed, offering units of its battle tank M1 Abrams. Visa and Mastercard are expected to publish results in the US. Why was Wall Street not impressed?

Europe

The announcement was made as the government said it will implement the EU s ninth package of sanctions against Russia. US and EU discuss deal to widen access to Inflation Reduction Act.

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