Morning Brief: Trump Renews Trade Friction, Stocks Market Under Pressure, Gold & Silver Hit New Highs (01/20/2026)

1. U.S. President Trump's threats of tariffs against Europe escalated trade tensions, causing global stocks to decline and driving gold and silver to record highs.2. The EU will convene an emergency summit to discuss potential countermeasures against U.S. tariffs and aims for engagement over escalation, but is prepared to respond if tariffs are implemented.3. The U.S. Supreme Court is set to issue opinions, potentially including a ruling on President Trump's global tariff policies.4. NYSE is developing a blockchain-based platform for 24/7 trading of tokenized securities, pending regulatory approval.5. OpenAI expects to launch its first hardware device in the second half of 2026.6. Premier Li Qiang presided over a symposium to gather opinions on the draft "Government Work Report" and the "15th Five-Year Plan Outline."7. Two major press conferences will be held today regarding economic development and the implementation of economic policies.8. Goldman Sachs anticipates intensified AI competition among Chinese internet giants by 2026, favoring PDD Holdings, Alibaba, and Tencent.9. Japanese Prime Minister Sanae Takaichi announced the dissolution of the House of Representatives on the 23rd for a snap election.10. Apple regained leadership in China's smartphone market in Q4 2025, with iPhone shipments surging; memory price increases are a key variable for 2026.11. iPhone 18 Pro may introduce 5G satellite communication, enabling real-time voice and data connectivity.12. Micron warns of an unprecedented, persistent memory chip shortage driven by AI, impacting consumer electronics and leading to accelerated production expansion plans.13. Google's Gemini business sales are expected to significantly boost Google Cloud revenue due to increased API calls and subscriber growth.14. Goldman Sachs views Microsoft as the best "buy-the-dip" AI play, projecting strong EPS growth driven by its AI dominance.15. BHP Group expects full-year copper production of 1.9 million to 2.0 million tons and maintained its iron ore production forecast.▶️ Download our app here:📌 Play Store: ⁠https://play.google.com/store/apps/details?id=com.tradingkey.mobile&hl=en⁠📌 App Store: ⁠https://apps.apple.com/us/app/tradingkey-stock-analysis/id6744304666📢 DISCLAIMERTradingKey provides general information on certain investment products. This information is not intended to constitute financial advice or a recommendation for any specific investment product.