- Bank of Japan Governor Kuroda speaking on Central Bank Digital Currency (CBDC)
- China's "shortcut to prop up real estate"
- A US court has invalidated Biden's Gulf of Mexico sale of oil and gas leases
- Reserve Bank of Australia Statement on Monetary Policy due next week - CPI forecasts eyed
- Backgrounder on the tensions between more debt and further stimulus playing out in China
- PBOC sets USD/ CNY reference rate for today at 6.3746 (vs. estimate at 6.3746)
- Magnitude 5.5 earthquake Chile
- Australia PPI for Q4 2021: +1.3% q/q (expected 0.3% q/q)
- More from the IMF onJapan, Fed tightening vs. BOJ not
- IMF report on Japan
- Oil - heads up for the OPEC and non-OPEC Ministerial Meeting next week
- Tokyo inflation data for January: Headline CPI 0.5% y/y (expected 0.6%)
- Heads up for Biden to speak Friday (US time) on supply chains
- Oil - 4 potential Russia-Ukraine scenarios & energy market impacts
- Reports the Biden administration preparing strategy to regulate crypto in February
- Biden reaffirms readiness of US to respond if Russia further invades Ukraine
- US requests a UN Security Council meeting on Monday to discuss Russia - Ukraine
- Trade ideas thread - Friday 28 January 2022
- Apple beats on revenue and EPS
- New Zealand consumer confidence (January) 97.7 (vs. prior 98.3)
Cable gained a few points during the session while USD/CAD lost some ground. There were no fresh catalysts to trigger the moves. News and data flow as a whole was minor only. We got Tokyo-area inflation (this precedes national Japan inflation data by three weeks), once again showing core inflation well below the BOJ target.
Of note though was a big jump for the USD/CNY reference rate for the session (this is set daily by the People’s Bank of China), the sustained strength of the USD across the majors board since FOMC day was a key factor for this.
EUR, AUD, NZD, CHF, yen – all are not a lot changed.
USD/CAD slid a few points: