Equity markets kicking off the session with headwinds, but the crypto space is showing some bite—Bitcoin finally pierced through that stubborn 94k resistance level. Whether it can hold above there is the million-dollar question though.

Meanwhile, precious metals are running hot to kick off the year. The narrative is pretty straightforward: traders are positioning for additional Fed rate cuts, betting that looser monetary policy will fuel safe-haven demand and potentially unlock fresh upside. It's the classic playbook when rate expectations shift.