What are some of the trends

I have already written about the bullish seasonal trend for gold in January but it doesn't end there with several other markets facing headwinds and tailwinds.

As always, remember that seasonals are just one small part of the equation but if you're like me you'd rather be informed:

  • January is the 3rd worst month for AUD/USD and NZD/USD. The Aussie averages a loss of 1.03% in the past decade

  • January is the worst month for the Canadian dollar but the past two years have bucked the trend

  • January is the third worst month for EUR/USD

  • It's a flat seasonal month for GBPUSD

  • It's the second worst month for Japanese stocks but also the second strongest month for the yen

  • It's the second worst month for the S&P 500 over the past decade

  • It's the third-worst month for oil but marks the end of the Oct-Jan period of seasonal weakness that reverses in the Feb-April period.

  • It's the third-strongest month for the US dollar index