22 Jan: Coronavirus undermines risk sentiment; stocks, bond yields move lower. Australian Consumer Confidence ahead.

  Markets have generally traded within their predefined ranges on Tuesday although risk sentiment leans on the defensive side, with both stocks and bond yields moving lower into the NY close because of the growing concern over the outbreak of Coronavirus in China ahead of lunar New Year mass travel…

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21 Jan: A quiet session – US holiday. BOJ Meeting, UK jobs in focus today. Davos economic forum begins; Trump speaking.

The week has begun on a very quiet note because of the US holiday with all assets pretty much in line with their previous closing levels. Of note was the news that French President Macron said that he had a "great discussion" with Donald Trump over a digital tax planned…

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20 Jan: Strong US housing data underpinned assets, Friday. PBOC, BOJ, ECB Meetings this week. US holiday today.

  US stock indices edged to yet new record highs on Friday, to end with weekly gains of over 1.5%, and with the US$ and bond yields also making broad gains after some strong US housing data. Housing starts jumped 16.9% mm in December, the largest percentage gain since October…

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17 Jan: Stocks at record highs – again. China Q4 GDP, EU CPI and a busy US session ahead.

  The US indices once again reached record highs on Thursday, on the back of encouraging retail sales data and upbeat earnings from Morgan Stanley added to optimism from the signing of the Phase 1 of the US/China trade deal. The  data that showed that the US retail sales rose…

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16 Jan: Stocks firm, US$ soft after US/China sign Phase 1 trade agreement. German CPI, US Retail Sales ahead.

  US stocks were generally positive on Wednesday although the major indices ended the session below new intraday record highs, while the US$ was pretty much unphased, after the US/ China signed their Phase 1 trade agreement. The biggest move in the FX markets came in the Swiss Franc, which…

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15 Jan: Markets on hold ahead of signing of US/China trade deal.

  It has been another rangebound session as traders await the signing, later today, of Phase 1 of the US/ China trade agreement. The US$ and stocks did briefly rise following the release of the stronger than expected US inflation figures but  the rally was brief and has since seen…

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14 Jan: Stocks higher, US$ mostly steady, Gold, Oil lower. Empty calendar today ahead of the US CPI, later.

  US stockmarkets climbed to new record highs on Monday, ahead of the start of the Q4 corporate reporting season which begins in earnest later today, while also being underpinned by growing enthusiasm towards the signing of a partial US/China trade deal, which is due to take place on Wednesday.…

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13 Jan: Soft NFP saps US$ strength. Politics to drive price action in the week ahead. Middle East/Brexit in focus

  Markets ended the week on a relatively steady note on Friday after the US employment report indicated that the economy had added a seasonally adjusted 145,000 jobs in December, while headline unemployment remained unchanged at a 50-year low of 3.5%. Wages advanced slightly less than expected, at 2.9%yy, the…

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