Construction Orders News Today

Next week highlights include the US jobs report and global PMI data, as well as central bank rate decisions from the BoE and RBA.

- USD sees slight gains vs the commodity currencies. - USD/JPY pared gain. - Nikkei 225 opened slightly higher, the index later pared gain. - Shanghai

USD/JPY takes a U-turn from intraday high to challenge the previous two-day uptrend, down 0.03% on a day around 113.70 during the initial Tokyo tradin

US Congress appears to be finalizing the final details of a coronavirus relief bill that will include stimulus checks.  The need for more support is still warranted despite recent improvements with the economy.  The short-term outlook will likely be covered with extended lockdowns that will cripple many small businesses.  Support from the both the Fed and the Biden administration suggest stimulus efforts will remain in place for the early part of 2021.   On the data front, much attention w...