Reuters Morning Bid

President Donald Trump’s trip to Switzerland sets the tone for the week as business leaders gather at Davos. Plus, the U.S. Supreme Court is preparing to hear from Federal Reserve Governor Lisa Cook, and heavyweight tech earnings later in the week give markets plenty to navigate. Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest Produced by Eliza Davis Beard, Ethan Plotkin, and Abisoye Adelusi Sound engineering and music by Sebastian and Josh Sommer Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Business leaders and global central bank chiefs stood up for Federal Reserve Chair Jay Powell, who was threatened with an indictment at the beginning of the week. Traders were also watching geopolitical hotspots - from Greenland to Iran - and a flurry of results from the biggest banks on Wall Street.  Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest Produced by Eliza Davis Beard and Ethan Plotkin Sound engineering and music by Sebastian and Josh Sommer Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Taiwan announces a $250 billion US investment deal focused on semiconductor production. Plus, oil markets calm as expectations of a US strike on Iran fade, and Goldman Sachs and Morgan Stanley report blowout earnings driven by a resurgence in deal-making. Today’s recommended read: Japan's long-awaited return to normalcy brings uncertainty, volatility, by Jamie McGeever Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest. Produced by Eliza Davis Beard, Ethan Plotkin, and Abisoye Adelusi Sound engineering and music by Sebastian and Josh Sommer Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Our Standards: The Thomson Reuters Trust Principles. Learn more about your ad choices. Visit megaphone.fm/adchoices

TSMC’s stellar earnings buoy tech sentiment after some volatility in the sector yesterday. Plus, Reuters sat down with President Trump in the White House for a wide-ranging conversation on everything from Iran to the Federal Reserve - we tell you how markets are responding to his comments.  Today’s recommended read: Is that it? The great dollar reversal fizzles by Mike Dolan Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest Produced by Eliza Davis Beard, Ethan Plotkin, and Abisoye Adelusi Sound engineering and music by Sebastian and Josh Sommer Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

JPMorgan warns President Trump’s proposed cap on credit card rates would hurt consumers as its shares sink on earnings. Investors digest softer U.S. core inflation even as rising food and energy costs keep pressure on the Fed. Plus, China’s record trade surplus is reshaping global flows. Today’s recommended read: Trump's mortgage foray at odds with aggravating Treasuries by Mike Dolan Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest Produced by Eliza Davis Beard and Ethan Plotkin Sound engineering and music by Sebastian and Josh Sommer Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices