⚠️🚯↪️🔂⬅️

💵 US dollar is falling at the fastest pace since 1980

The dollar has become the second worst performer in the G10. A year ago it was the strongest. In the last 3 months, most major currencies gained sharply against it.

✅ Australian dollar up about 8%
✅ Swedish krona up over 10%
✅ New Zealand dollar up 5%
✅ Norwegian krone up close to 2%

The pressure comes from several angles. Political uncertainty in the US is rising. Trade policy looks aggressive and hard to predict, with tariffs coming back into focus. That has triggered a broad “sell America” move, with capital flowing out of US assets.

There are also doubts around Fed independence. Public pressure for easier policy makes markets question how insulated monetary decisions really are. Add growing fiscal deficits and rising debt, and confidence in the dollar takes another hit.

This looks less like a quick move and more like a shift in how global markets price US risk.


🥫 t.me/FinancialWorldUpdates

🥫 t.me/FinancialWorldUpdates

⚠️🚯↪️🔂⬅️

Tom Lee's Bitmine Ethereum fund is currently sitting on a massive $7.5 billion unrealized loss on its Ethereum holdings as prices fall to $1900.

Lee previously predicted ETH will hit $7000 this year.


🥫 t.me/FinancialWorldUpdates

🇧🇬🇧🇫🇨🇮🇩🇯🇪🇬

🇨🇦 Canada's economy lost 24,800 jobs in January.


🥫 t.me/FinancialWorldUpdates

🐈

Anthropic rattles software and finance stocks

Markets reacted sharply after reports around new Anthropic tooling, with a broad selloff across software, finance, and asset management names.

Bloomberg data showed heavy pressure across the sector:
🖱 Around $285B wiped out across affected stocks
🖱 Goldman’s software basket down about 6%, the largest drop since April
🖱 Financial services index down roughly 7%
🖱 Nasdaq at one point down 2.4%

The trigger was not a new model, but the release of 11 plugins for Claude Cowork on Jan 30. These tools target full workflows like financial modeling, legal research, and sales operations, rather than plugging into existing software.

Stocks tied to those workflows sold off hard:
🖱 RELX: -14%
🖱 Wolters Kluwer: -13%
🖱 Infosys: -7%
🖱 TCS: -6%

Wall Street has started calling it a “SaaSpocalypse.” The concern is that foundation model companies are moving beyond APIs and into owning the application layer itself.

For markets built on selling automation, this is no longer theoretical.


🥫 t.me/FinancialWorldUpdates