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Awaiting more US inflation data (PPI later in session)

- Focus remains on inflation data (US Dec PPI due in session). - Biggest chipmaker in the world Taiwan Semiconductor Manufacturing Company (TSMC) repo ....

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German IFO survey mixed, focus on Jackson Hole

German IFO survey mixed, focus on Jackson Hole
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BI Tahan Suku Bunga di 3,5% : Okezone Economy

Bank Indonesia BI menahan suku bunga BI 7Day Reverse Repo Rate BI7DRR pada level 35 basis point - hot issue - okezone economy ....

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Looming sanctions whack Russian markets

Publicis [PUB.FR] +3% (sales),
Deliveroo [ROO.UK] -1% (trading update).
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Speakers
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BOE Q2 Bank Liabilities and Credit Conditions Surveys noted that lenders expected the availability of secured credit to increase over the next three months to end-May. Total funding volumes were expected to increase in the three months to end-May (Q2).
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German Fin Min Scholz reiterated stance that govt must support businesses and households until the pandemic was over. Country could afford to finance all spending that was needed and stressed that Germany would be better off compared to other countries after the crisis.
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German Leading Economic Institutes confirmed it cut its 2021 GDP growth forecast from 4.7% to 3.7% (as speculated). Raised 2022 GDP growth forecast from 2.7% to 3.9%. Cautioned that further delays in vaccine deliveries and virus mutations were the biggest downside risks. ....

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Focus turns to upcoming corporate earnings season

Focus turns to upcoming corporate earnings season
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

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