Central banks reacting to inflation resulting from energy transition would be absurd – Natixis
Will central banks have to react to the inflation that will result from the energy
Canada: Labor market data for January is expected to weaken substantially – RBC CM
The Bank of Canada kept the interest rate unchanged this week but signalled imminent tightening
Fed: FOMC likely to hike rates by 125 bps over the course of 2022 – Wells Fargo
Analysts at Wells Fargo think the FOMC will announce the commencement of balance sheet reduction
USD/ZAR: Room for a further reversal of the move lower – MUFG
Analysts at MUFG Bank, have a trade idea of a long position of the USD/ZAR,
German Economy Minister expects economic growth to reach pre-crisis levels in Q2 2022
Ahead of Germany’s Preliminary GDP for the fourth quarter of 2021, the country’s Economy Ministry
German Preliminary GDP contracts by 0.7% in Q4 vs. -0.3% expected
German GDP arrives at -0.7% QoQ in Q4 vs. -0.3% expected. Annualized German GDP stands
Euro area Economic Sentiment Indicator declines to 112.7 in January vs. 114.5 expected
Euro area consumer and business sentiment deteriorated slightly in January. EUR/USD continues to trade in
USD/CAD holds onto weekly gains, keeps looking at 1.2800
US dollar remains firm across the board, holds onto weekly gains. USD/CAD heads for the
EUR/USD: Recent developments support forecast for a slide to 1.1000 in Q1 – MUFG
Analysts at MUFG Bank, point out that policy divergence and geopolitical risks will remain a
EUR/USD Price Analysis: Clings to 1.1150s but downside risks remain
The EUR/USD is under heavy downward pressure, as the pair eyes May 2020 swing lows.