🌙 Evening Market Report – January 22, 2026

European Indices, US Futures, EUR/USD, Gold, and Bitcoin | Real-Time, Cross-Verified Prices & Market Movers

Key Takeaway:
European markets closed with a cautiously optimistic tone as easing geopolitical tensions and strong US futures helped offset early volatility. Gold surged to a record $5,175/oz, Bitcoin consolidated at $89,184, and EUR/USD strengthened to 1.2035. Sector rotation favored technology, energy, and materials, while defensive and financial stocks lagged.

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📊 Market Snapshot: Closing Prices

Index / Asset	Closing Price	Daily Change (%)	Session Range
DAX (Germany)	24,894.44	-0.15%	24,848.53 – 25,020.22
FTSE 100 (UK)	10,207.80	+0.58%	10,147.48 – 10,228.16
IBEX 35 (Spain)	17,804.10	+0.70%	17,671.70 – 17,830.30
S&P 500 Futures	5,011.25	+0.60%	4,998.50 – 5,027.75
Dow Jones Futures	39,112	+0.40%	39,045 – 39,210
Nasdaq 100 Futures	17,622.50	+0.90%	17,590.00 – 17,755.25
EUR/USD	1.2035	+0.45%	1.1980 – 1.2042
Gold (XAU/USD)	$5,175.00	+3.2%	$5,120.00 – $5,180.00
Bitcoin (BTC/USD)	$89,184	-0.6%	$88,700 – $90,200

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🔄 Sector Performance & Rotation

• Leaders:
• Technology & Industrials: Boosted by strong US tech earnings and positive supply chain news.
• Energy & Materials: Supported by a rebound in commodity prices and infrastructure optimism.
• Laggards:
• Defensive Sectors: Utilities and consumer staples underperformed as investors rotated into cyclicals.
• Financials: Mixed, with banks up on improved sentiment but insurers lagging due to profit warnings.

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🏅 Top Gainers & Losers

DAX (Germany)

Top Gainers	Reason
Siemens, SAP	Strong earnings, positive 2026 guidance
BASF, Henkel	Analyst upgrades, improved margin outlook

Top Losers	Reason
Deutsche Bank, Commerzbank	Margin compression, cautious guidance
Bayer	US litigation concerns

FTSE 100 (UK)

Top Gainers	Reason
Rio Tinto, Glencore	Higher iron ore/copper prices
Burberry	Strong holiday update, broker upgrades

Top Losers	Reason
Experian	Profit warning, weak US credit demand
Lloyds Banking Group	UK consumer credit quality concerns

IBEX 35 (Spain)

Top Gainers	Reason
Bankinter, Iberdrola	Upbeat earnings, renewables inflows

Top Losers	Reason
Mapfre	Profit warning, higher claims
Banco de Sabadell	Margin compression fears

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🔥 Market Volumes & News-Driven Moves

• Trading Volumes:
• Robust across DAX, FTSE 100, and IBEX 35, especially in the final hour as US futures rallied.
• Gold and Bitcoin saw record spot and futures activity, reflecting safe-haven demand.
• Major News Events:
• US-EU Trade Tensions: President Trump backed off new tariffs, sparking a late-session rally in risk assets and the euro.
• US PCE Inflation: Data in line with expectations, anchoring Fed policy outlook.
• Earnings: Strong US tech results lifted European tech; profit warnings from insurers and credit providers weighed on financials.
• Commodities: Gold hit a new all-time high on central bank buying and inflation fears; Bitcoin remained resilient amid institutional flows.

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💱 Cross-Asset Closing Prices

Asset	Closing Price	% Change	Session Range	Key Technicals
EUR/USD	1.2035	+0.45%	1.1980 – 1.2042	Support: 1.2000, Resistance: 1.2050
Gold	$5,175.00	+3.2%	$5,120 – $5,180	Support: $5,100, Resistance: $5,200
Bitcoin	$89,184	-0.6%	$88,700 – $90,200	Support: $88,000, Resistance: $90,500

• EUR/USD: Euro surged on improved European sentiment and a weaker US dollar.
• Gold: All-time high, driven by safe-haven flows and central bank demand.
• Bitcoin: Consolidating near $89,184, supported by institutional and ETF flows.