From Hong Kong to Singapore: Incorporation Services with New Year Discounts!Explore Today!

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What’s new?

Citi says that it expects ECB key rate to be bring gradually above 0 within this year as the consensus is pretty well shared amongst policymakers. Adding that such a view would be "largely independent from incoming economic data”.

What’s in the pipe?

  • Cleveland Fed President Loretta Mester, Atlanta Fed President Raphael Bostic, New York
  • Fed President John Williams, Fed Governor Christopher Waller speak, Tuesday
  • Atlanta Fed President Raphael Bostic speaks, Wednesday
  • U.S. CPI, Wednesday
  • EIA crude oil inventory report, Wednesday
  • San Francisco Fed President Mary Daly speaks, Thursday
  • U.S. PPI, initial jobless claims, Thursday
  • University of Michigan consumer sentiment, Friday

FX rates

USD/JPY @ 129.27 - bullish trend

EUR/USD @ 1.0569 - Bearish trend

GBP/USD @ 1.2326 - Bearish trend

AUD/USD @ 0.6949 - Bearish trend

USD/CNH @ 6.7408- Bullish trend

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