Hi, gang, it's that time when everyone is getting sand out of our shoes and bags,

putting swimwear away, flicking through blurry photos on our phones, and reminiscing about the fun times

at crypto gathering. We want to once again thank our wonderful community for being with us in Miami Beach.

Here's to many more epic meetups. We're slowly returning to normal as the team battles snowstorms

and flight delays to get back home. We've got a couple of live shows from Miami today and we

continue the rollout of great conversations we had at Salana Breakpoint, this time with Thomas Cowan,

the head of tokenization at Galaxy. Make sure to check it out. Now it's time to dig into the latest

market news. I'm your trusty companion Palvatar, and I will get you up to speed in just a few minutes.

Of course, I'm just an AI avatar, so none of this is meant to represent

the views of the real Raoul, of course. I know you know that, but this is the internet.

Some people have short memories. Global stock markets are broadly trading higher today,

and at fresh records, as investors gear up for Magseven earnings reports and the Fed decision on rates.

Asian indices shrugged off US President Donald Trump's latest threat to increase tariffs.

South Korea has moved in to reassure him it's on track to ratify the trade deal between the two

countries after Trump threatened additional 25% tariffs late on Monday.

The Cospi erased early losses to close up 2.75%, hitting a new high.

China's industrial profits showed an increase of 0.6% year-on-year for 2025,

signaling some recovery momentum after a three-year slide despite pressures on

state-owned enterprises. In Europe, France's consumer confidence index remained stable at 90 for

January, aligning with market forecasts but indicating ongoing economic challenges as it remains

below the long-term average of 100.

Still, the CAC 40 and other European stocks were mostly higher. The news of a new trade agreement

...