Monday Afternoon Links

[CNBC] Dow rallies 500 points as traders shake off gold, silver and bitcoin declines: Live updates 

[Yahoo/Bloomberg] Oil Plunges as Iran Risks Ease and Commodities Selloff Deepens

[Axios] Winter storm's power outages hammer the South

[Yahoo/Reuters] Partial US government shutdown will delay January's employment report, BLS says

[AP] Trump plans to lower tariffs on Indian goods to 18% after India agreed to stop buying Russian oil

[Reuters] Warsh to face 'tall task' as Fed chief, Bostic says

[Axios] China eyes challenge to U.S. dollar dominance – but that's easier said than done

[Bloomberg] Trump Needs an Off-Ramp for Powell Feud to Speed Warsh Into Fed

[Bloomberg] Even In Warsh’s World, Bitcoin Will Be Dumped for Gold

[Bloomberg] Apollo Says Risk of Yen Carry Unwind as Speculators Cut Bets

[Bloomberg] Private Credit Defaults Would Hit 13% in UBS Worst Case for AI

[Bloomberg] Collapsed FX Broker’s Derivatives Counterparties Hit by 98% Loss

[WSJ] What Kevin Warsh Learned Working for Stanley Druckenmiller

[WSJ] U.S., Iran Poised to Meet for Talks

[FT] Xi’s ominous purge of his top general