CIPOLLONE COMMENTS ON ECB MONETARY POLICY TOOLS Interest rates remain key for adjusting monetary policy. Impact of quantitative tightening on financial conditions must be considered. ECB aims to balance rates and balance sheet reduction to ensure stability and control inflation.
AUD/USD is weak: The Australian Dollar is struggling around 0.6350. Market is cautious: Investors are being careful. RBNZ rate cut: New Zealand’s central bank made a dovish move, hurting the Aussie. Stronger US Dollar: Trump's tariff threats are making the US Dollar stronger. Fed Minutes
FED'S DALY COMMENTS ON US ECONOMY AND MONETARY POLICY The US economy is in a good place with solid GDP growth and a strong labor market. Daly uncertain about future rate cuts due to global uncertainty. No immediate reason to be discouraged about inflation, though progress is slower
RIPPLE VS. BITCOIN: DAVID SCHWARTZ EXPLAINS SUPPLY AND VALUE DIFFERENCES Ripple CTO David Schwartz highlights that there are more Bitcoins than Ripples when measured in common units. Schwartz clarifies that Bitcoin’s larger unit value is why there are fewer Bitcoins compared to Ripple. Despite the difference in market cap,
BANK OF ENGLAND GOVERNOR BAILEY COMMENTS ON UK ECONOMY AND UNCERTAINTY Bailey highlights rising uncertainty and weak economic growth in the UK. The BoE’s statement aims to communicate this uncertainty to the markets. UK labor market data is in line with the BoE’s expectations. Wage growth in the
S&P 500 RISES NEAR RECORD, DESPITE TRADE FEARS AND INFLATION CONCERNS S&P 500 gained 0.2%, trading near a record high. Nasdaq Composite advanced 0.3%. Dow Jones Industrial Average fell 0.2%, losing 83 points. Nvidia led the tech sector, rising 3%. Microsoft also traded
CANADA CPI TO REMAIN FLAT, SUPPORTING BOC DOVISH OUTLOOK Canada’s CPI is expected to rise 1.8% YoY in January, similar to December’s level. The Bank of Canada cut interest rates by 25 basis points in January. The Canadian Dollar remains near yearly highs against the US Dollar.
USD/JPY is rising: The exchange rate is going up after dropping to a one-week low. US Dollar is stronger: The US Dollar is recovering, helping the USD/JPY pair. Trump's tariff delay helps: News that Trump may delay tariffs supports the market. BoJ rate hike concerns: Expectations
EUR/USD is low: The currency pair is trading near 1.0450 on Tuesday morning. US Dollar is stronger: Investors are buying the US Dollar because they feel the market is risky. US bond yields are rising: Higher US Treasury yields are supporting the Dollar. Key events ahead: Traders are
US-RUSSIA BEGIN PEACE TALKS ON UKRAINE Rubio to appoint teams to restore peace mission functionality in DC and Moscow. The meeting marks the first step in ending the Russia/Ukraine conflict. Solution must be acceptable to all parties, with EU involvement needed later. Waltz stresses the importance of a permanent
XI JINPING’S MEETING WITH TECH FIRMS BOOSTS CHINESE STOCKS The Hang Seng Index rose 1.18%, driven by a rally in Chinese tech stocks. Alibaba and Xiaomi gained over 4%, with Tencent and Meitu also seeing gains. Xi Jinping’s meeting with entrepreneurs, including Jack Ma, signaled stability and
RBA EXPECTED TO CUT INTEREST RATES AS ECONOMIC PRESSURE MOUNTS The Reserve Bank of Australia (RBA) is expected to cut the OCR by 25 basis points. Core inflation eased in Q4 2024 but stayed above the RBA’s target. The Australian Dollar consolidates gains ahead of the decision. The RBA