US: ECI is goods new for the FOMC but more will be needed – Wells Fargo
The Employment Cost Index (ECI) report released on Tuesday had an unusual impact across financial markets,
Canada: Economy cooled during Q4 but was far from ice cold – CIBC
Data released on Tuesday showed the Canadian economy grew 0.1% in November, with Q4 GDP
Fed: Likely to emphasize it is still determined to reach the terminal rate projected in the dot plot – TDS
On Wednesday, the Federal Reserve will announce its decision on monetary policy with a 25
Eurozone Preliminary GDP rises 0.1% QoQ in Q4 vs. 0% expected
The Eurozone economy expanded by 0.1% in the quarter in the three months to December of 2022,
US: Employment Cost Index rises by 1% in Q4 vs. 1.1% expected
Employment Cost Index in the US rose less than expected in Q4. US Dollar Index
US: CB Consumer Confidence declines to 107.1 in January
Consumer confidence in the US weakened modestly in January. US Dollar Index posts small daily
China’s Caixin Manufacturing PMI improves slightly to 49.2 in January vs. 49.5 expected
China’s Caixin Manufacturing PMI for January rises slightly to 49.2 vs. 49.5 expected and 49.0 previous, showing the
USD/CAD stays depressed near 1.3300 as Oil price grinds higher, focus on OPEC+, Fed
USD/CAD licks its wounds after falling the most in a week. Oil price struggles despite
EUR/USD clings to the consolidative theme near term – UOB
In the opinion of UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser
NZD/USD marches towards 0.6450 despite NZ job data misses consensus, Fed policy buzz
NZD/USD is scaling towards 0.6450 as the USD Index has retreated after a short-lived pullback.