Archive for January 22nd, 2021

Foreign Exchange Insights and Next Week

Next Week’s Menu: January 23-29, 2021

January 22, 2021

Central Banks: Monetary policies will be reviewed at the Federal Reserve and in Chile, Hungary and Colombia. Fed Chairman Powell will hold a news conference Wednesday, and the Bank of Japan will publish a summary of this week’s meeting and minutes from the previous one. Holidays and Special Events: Tuesday is Australia Day. Republic Day […] More

New Overnight Developments Abroad - Daily Update

A Week of Transition Ends with Release of Weak Data and Fresh Investor Uneasiness

January 22, 2021

The Biden Administration has been busy reorienting American policies, but markets today are most fixated on alarming Covid trends and fresh evidence of their adverse impact on economic activity. U.S. equity futures are set to open 0.5-1.0% lower today after markets closed down 1.7% in Indonesia, 1.6% in Hong Kong, 1.5% in India, 0.9% in […] More