Fed’s Miran: Warsh is a fantastic pick
Federal Reserve (Fed) Governor Stephen Miran said that he is really excited to see the good work he believes Kevin Warsh will do as Fed Chair after being nominated by President Donald Trump. In an interview with CNBC on Friday, he added he believes Fed officials will receive him well.
KRW: BOK to maintain rates amid low inflation – DBS Bank
DBS Bank’s Group Research projects that the Bank of Korea (BOK) will keep its base rate unchanged at 2.50% throughout 2026. The report indicates that January inflation is expected to ease, reflecting subdued demand-side pressures and stable supply-side conditions.
Fed’s Bostic: Fed needs to remain vigilant
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic said that inflation is too high and needs to come down, and that the Fed should be more patient for now, in an interview for CNBC.
USD/INR: Key budget announcement ahead – MUFG
The Indian Rupee remains under pressure as USD/INR approaches the 92.00 level. The upcoming FY2026/27 Budget announcement is crucial for assessing fiscal consolidation amidst rising capital outflows.
Fed’s Waller: Labor market remains weak
Federal Reserve (Fed) Board of Governors member Christopher Waller said he dissented in favor of a 25 bps interest rate cut this week because monetary policy is still restricting economic activity too much, in a statement released on Friday.
GBP/USD slips below 1.3800 as Warsh nomination, hot PPI boost USD
The Pound Sterling (GBP) retreats on Friday, remaining below 1.3800 against the US Dollar (USD) after the Trump administration announced that Kevin Warsh would lead the Federal Reserve (Fed). Additionally, a red-hot inflation report on the producer front boosted the Greenback’s appeal.
Oil: Bearish fundamentals signal pull-back – TD Securities
TD Securities’ Ryan McKay highlights a shift in oil market fundamentals, suggesting a potential pull-back in prices. The report indicates that a loosening of near-term fundamentals could reduce crude oil prices by at least $2-3/bbl, while geopolitical risks may also impact market dynamics.
India FX Reserves, USD climbed from previous $701.36B to $709.41B in January 19
India FX Reserves, USD climbed from previous $701.36B to $709.41B in January 19
JPY: Patient BOJ outlook amid easing inflation – BBH
Brown Brothers Harriman (BBH) analysts note that the Bank of Japan can afford to be patient before raising rates, as inflation pressures are easing. Analysts suggest a potential decline in USD/JPY towards 140.00 by year-end, supported by US-Japan rate differentials.
Gold Price Forecast: XAU/USD corrects lower with $5,000 on the bears focus
Gold’s (XAU/USD) rally came to an abrupt halt on Thursday. The precious metal dropped nearly 10% in less than 24 hours and is trading around $5,080 at the time of writing, with the $5,000 psychological level at a short distance.
Italy Producer Price Index (MoM) down to -0.7% in December from previous 1%
Italy Producer Price Index (MoM) down to -0.7% in December from previous 1%
United Kingdom Mortgage Approvals came in at 61.01K below forecasts (64.8K) in December
United Kingdom Mortgage Approvals came in at 61.01K below forecasts (64.8K) in December
United Kingdom Mortgage Approvals came in at 61.01K below forecasts (64.8K) in December
United Kingdom Mortgage Approvals came in at 61.01K below forecasts (64.8K) in December
United Kingdom Mortgage Approvals came in at 61.01K below forecasts (64.8K) in December
United Kingdom Mortgage Approvals came in at 61.01K below forecasts (64.8K) in December
United Kingdom Mortgage Approvals came in at 61.01K below forecasts (64.8K) in December
United Kingdom Mortgage Approvals came in at 61.01K below forecasts (64.8K) in December
United Kingdom Mortgage Approvals came in at 61.01K below forecasts (64.8K) in December
United Kingdom Mortgage Approvals came in at 61.01K below forecasts (64.8K) in December
Portugal Gross Domestic Product (YoY) fell from previous 2.4% to 1.9% in 4Q
Portugal Gross Domestic Product (YoY) fell from previous 2.4% to 1.9% in 4Q
Portugal Gross Domestic Product (YoY) fell from previous 2.4% to 1.9% in 4Q
Portugal Gross Domestic Product (YoY) fell from previous 2.4% to 1.9% in 4Q
Portugal Gross Domestic Product (YoY) fell from previous 2.4% to 1.9% in 4Q
Portugal Gross Domestic Product (YoY) fell from previous 2.4% to 1.9% in 4Q
Portugal Gross Domestic Product (YoY) fell from previous 2.4% to 1.9% in 4Q
Portugal Gross Domestic Product (YoY) fell from previous 2.4% to 1.9% in 4Q