Yesterday (24 JAN) U.S. January manufacturing and services PMI preliminary values were higher than expected, respectively, recorded 50.3 and 52.9, while the preliminary composite PMI recorded 52.3, a 7-month high,…
US rates continued its gentle ascension higher, with risk sentiment continuing to improve on the back of the surprise RRR cut from the PBOC, a stronger than expected US PMI,…
Yesterday (January 23rd), the Bank of Japan maintained its generally expected loose monetary policy, while lowering the core inflation forecast for this fiscal year from 2.8% to 2.4%. Governor Ueda…
Market The market continues to show a gradual decline. Finally tested 40k and BTC is reaching near 38k, the level expected last week. I still think the 38k level is…
Market sentiment remains undecided and influx with a number of diverging headlines and developments across different regions. China started the day with first signs of a ‘liquidity put’ with a…