S&P 500 Futures, Treasury bond yields depict market’s anxiety ahead of key catalysts
Market sentiment remains divided as traders await BoJ decision, US Retail Sales and PPI. S&P
Canada: Inflation is easing, but BoC will likely rise one more time – CIBC
Data released on Tuesday showed lower-than-expected inflation numbers in Canada. Analysts at CIBC point out
EUR/SEK: Relative monetary policy will remain a negative for the Swedish Krona in 2023 – Danske Bank
Analysts at Danske Bank see short-term risks in EUR/SEK titled to the upside. On a
EUR/USD: Risks to Q1-2024 target of 1.13 are tilted to the upside – Wells Fargo
A more resilient Eurozone economy and a more hawkish European Central Bank offer support for
Fed to consider reducing rates when US reaches 3.0% inflation range – Morgan Stanley
As markets await the key US Retail Sales and Producer Price Index (PPI) data for
Germany’s ZEW: Assessment of the economic situation has also improved further, but only slightly
Following the release of the business sentiment surveys, Germany’s Zentrum für Europäische Wirtschaftsforschung (ZEW) said that
Germany’s Habeck: Recession could be only very short and not very deep
In an interview with WELT TV on Tuesday, Germany’s Economy Minister Robert Habeck said that
US: NY Fed Empire State Manufacturing Index slumps to -32.9 in January vs. -4.5 expected
NY Fed Empire State Manufacturing Index dropped sharply in December. US Dollar (USD) holds steady
BoJ Preview: To stand pat after December’s surprise tweak – ING
Economists at ING Bank believe that the Bank of Japan (BoJ) will stand pat at
China’s Vice-Premier Liu: Economic growth will return to normal in 2023
Speaking at an audience at Davos late Tuesday, China’s Vice-Premier Liu He said that the