Headlines:
Markets:
JPY leads, AUD lags on the dayEuropean equities greater; S&P 500 futures up 0.1percentUS 10-year yields up 2.7 bps to 4.679percentGold up 0.3% to $2,702.83WTI crude down 0.5% to $80.04Bitcoin down 0.5% to $99,212
It was a quieter session with just a few gentle market strikes general. All eyes stay fixated on extra US information to come back, with retail gross sales and weekly jobless claims nonetheless on the agenda this week.
The greenback is holding extra blended as it’s buying and selling greater in opposition to the remainder of the foremost currencies bloc however decrease solely in opposition to the yen.
USD/JPY is down 0.2% to 156.10 however fell as little as 155.20 earlier in Asia buying and selling. That comes as merchants are additionally rising extra cautious a few potential BOJ fee hike subsequent week. The drop in bond yields after the US CPI report yesterday was additionally another excuse however yields are bouncing again somewhat right now.
The dollar normally is just not an excessive amount of damage exterior of the yen on the inflation numbers. EUR/USD continues to maintain below 1.0300 with GBP/USD down once more to check waters under 1.2200. In the meantime, USD/CAD is up 0.3% to 1.4385 and AUD/USD down 0.5% to only below the 0.6200 stage on the day.
In different markets, equities stay buoyed after the positive factors yesterday with European indices greater alongside US futures. The latter is seeing positive factors trimmed forward of the open however for now, the market temper remains to be in a barely extra optimistic spot on the steadiness on the week.
As for commodities, gold continues to remain underpinned this month because it now runs as much as a take a look at of the $2,700 mark. The valuable metallic continues to remain scorching to start out the brand new yr and is already practically up 3% in January to date.
