US Pres. Biden: Economy will create 19 million jobs is we pass infrastructure plan
“In the first two months of our administration, we have seen more jobs created than any in history,” US President Joe Biden said on Friday, as reporte
Read More »Events to Look Out for Next Week
Moving into the new week, trading has been choppy as a confluence of factors impact. Positioning and month-/quarter-end portfolio rebalancing may be the biggest influencers so far, while vaccine rollouts,…
Read More »China’s President Xi has a 5 year timeline to annex Taiwan
So says Wu Qiang, a former politics lecturer at Beijing’s Tsinghua University. Its in this article at RFA: The piece is from last week, posting as an ICYMI (as I…
Read More »Pelosi says passage of Biden’s $1.9tln package could be Wednesday, not Tuesday
President Biden’s $1.9 trillion COVID relief bill is expected to be easily approved in the US House of Representatives, Just a heads up though, Speaker Pelosi says that approval from…
Read More »Events to Look Out for Next Week
Fundamentals came back into focus during February as rising rates and fresh uncertainties over the virus weighed on risk appetite. Vaccinations were on the rise, but the increasing tension between…
Read More »US briefing – Where do we stand?
Japanese, South Korean and Chinese markets were closed today, with the latter commencing the week-long lunar new year holiday. Singapore will be off tomorrow, and the lunar new year holiday…
Read More »Mexico’s president says he’s infected with covid-19
Mexico’s president says he’s infected with covid-19. More to come…
Read More »FX Update – January 18 – USD Holds on to gains
USDindex, H1 The USDIndex has posted a one-month high at 90.88, which sets up potential for a third consecutive up week, something that hasn’t been seen since January last year….
Read More »US Dollar Rebound in Focus Ahead of US Presidential Inauguration
The US Dollar breaks out of the range bound price action from the first of January going into the inauguration of President-elect Joe Biden.
Read More »EUR/USD Price Analysis: Muted reaction to Biden’s stimulus talk, Friday’s close pivotal
The US President-elect Joe Biden unveiled a much-anticipated coronavirus rescue plan a few minutes before press time, promising $2,000 in stimulus che
Read More »