This week Aya Yoshioka covers how gold has been “on a tear” and up almost 14% so far in 2026. Threats of new tariffs on Europe and proposed tax cuts in Japan rattled the markets, but, despite the volatility, the S&P 500 rallied Thursday afternoon to within 1% of all-time highs.

In this week’s episode of 7 Market Movers, Doug Huber covers labor market updates and the latest unemployment reports; emerging markets performance; geopolitical updates from Iran and Greenland and the impact on commodities. He also dives into the impact of tensions in Iran on oil prices, including a decline of around 4% on Thursday.

Catch up on the latest market news from the first full week of 2026 in the latest episode of 7 Market Movers with Gary Quinzel. Gary covers market highlights from 2025, recent US equity movements, and the impact of the recent capture of Venezuelan President Nicolas Maduro.