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United States Consumer Credit Change registered at $24.05B above expectations ($8B) in December
United States Consumer Credit Change registered at $24.05B above expectations ($8B) in December
Fxstreet
Fri, Feb 6
TREASURIES-US Treasury yields rebound before next week's key jobs data
Weak labor data raises concerns about job market healthFed funds futures indicate increased rate cut expectationsKevin Warsh's potential policies as Fed chair under scrutinyBy Karen Brettell NEW YORK, Feb 6 (Reuters) - Interest-rate-sensitive two-year U.S. Treasury yields rebounded from a mor...
Reuters
Fri, Feb 6
Indonesia: Moody’s cuts outlook, affirms rating – DBS
DBS Group Research report, authored by Radhika Rao, reports that Moody’s has changed Indonesia’s rating outlook to ‘negative’ from ‘stable’ while affirming the Baa2 rating.
USD/MXN
Fxstreet
Fri, Feb 6
Argentina Industrial Output n.s.a (YoY) increased to -3.9% in December from previous -8.7%
Argentina Industrial Output n.s.a (YoY) increased to -3.9% in December from previous -8.7%
Fxstreet
Fri, Feb 6
Thailand: BOT’s pivot to broader measures – UOB
UOB's report by Enrico Tanuwidjaja and Sathit Talaengsatya discusses the Bank of Thailand's (BOT) shift from solely using interest rates to a broader policy framework.
Fxstreet
Fri, Feb 6
Fed’s Daly: Fed must watch both sides of mandate
Federal Reserve (Fed) Bank of San Francisco President Mary Daly said on a LinkedIn post on Friday that a low-hiring, low-firing environment may persist, or it may change to a no-hiring, more-firing environment.
Fxstreet
Fri, Feb 6
Fed’s Jefferson: Expects economy to grow
Federal Reserve (Fed) Board of Governors Phillip Jefferson said that future Fed moves will be driven by data and views on the economic outlook. He also added that the job market is slowly stabilizing on Friday.
Fxstreet
Fri, Feb 6
US energy secretary to visit Venezuela to see leaders "before long"
WASHINGTON, Feb 6 (Reuters) - U.S. Energy Secretary Chris Wright said on Friday he will before long visit Venezuela to meet with "all the leadership" and to get a better understanding of on-the-ground oil and gas production operations there. Wright did not say when the trip will take place. ...
Reuters
Fri, Feb 6
WRAPUP 1-US consumer sentiment rises to six-month high in early February
Consumer sentiment index increases to 57.3 in FebruarySentiment surges for consumers with the largest stock portfoliosBy Lucia Mutikani WASHINGTON, Feb 6 (Reuters) - U.S. consumer sentiment increased to a six-month high in February, though anxiety over the labor market and the rising cost of livi...
Reuters
Fri, Feb 6
Fed's Jefferson cautiously optimistic about economy, sees job market stabilizing, inflation falling
Jefferson says Fed policy positioned to respond to economic changesHe says productivity path is unclearUS central bank left interest rates unchanged last weekBy Howard Schneider and Michael S. Derby WASHINGTON, Feb 6 (Reuters) - Federal Reserve Vice Chair Philip Jefferson said on Friday he was ...
Reuters
Fri, Feb 6
POLL-Mexico's annual inflation likely accelerated in January, according to poll
By Noe TorresMEXICO CITY, Feb 6 (Reuters) - Mexico's inflation likely accelerated in January, a Reuters survey showed on Friday, supporting the central bank's decision a day earlier to pause its monetary easing cycle as price pressures persist.The median forecast of 12 economists showed head...
Reuters
Fri, Feb 6
BoE’s Pill: The Fed must watch both sides of mandates
Bank of England (BoE) Governor Andrew Bailey noted that a low-hiring, low-firing environment may persist or quickly shift to a no-hiring, more-firing labor market in a LinkedIn post on Friday
GBP/USD
Fxstreet
Fri, Feb 6
Fed's Daly says outlook feels 'precarious'
Feb 6 (Reuters) - San Francisco Federal Reserve Bank President Mary Daly said while businesses are largely cautiously optimistic, households are not sure, aware as they are that the current "low-hiring, low-firing" job market could quickly turn into a "no-hiring, more-firing" labor ...
Reuters
Fri, Feb 6
DKK: No intervention yet – Nordea
The report by Nordea, authored by Jan Størup Nielsen and Anders Svendsen, discusses the Danish Krone's (DKK) recent performance against the Euro.
USD/DKK
Fxstreet
Fri, Feb 6
Russia Industrial Output came in at 3.7%, above expectations (-1%) in November
Russia Industrial Output came in at 3.7%, above expectations (-1%) in November
Fxstreet
Fri, Feb 6
Work suspended on $16 billion New York City tunnel project
NEW YORK/WASHINGTON, Feb 6 (Reuters) - Worked was suspended on Friday on the $16 billion New York City Hudson Tunnel Project because President Donald Trump's administration has refused to lift a four-month-old freeze on federal funding, the Gateway Development Commission said. Democrats on Fr...
Reuters
Fri, Feb 6
Germany: Recovery in manufacturing expected – Deutsche Bank
Deutsche Bank Senior Economist Eric Heymann notes that the downturn in Germany's manufacturing sector has ended, with a projected increase in production of 2 to 3% in 2026. This marks the first rise in industrial production since 2021.
EUR/USD
Fxstreet
Fri, Feb 6
Canada's Ivey PMI shows activity decelerating in January
TORONTO, Feb 6 (Reuters) - Canadian economic activity expanded at a slower pace in January as a measure of employment dipped, Ivey Purchasing Managers Index (PMI) data showed on Friday.The seasonally adjusted index edged down to 50.9 last month from 51.9 in December.The Ivey PMI measures the month-t...
Reuters
Fri, Feb 6
Fed’s Bostic: I have no idea what Warsh has in mind
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic said that inflation has been to high for too long, adding that the Fed can’t lose sight of inflationary concerns at an interview with Bloomberg on Friday.
Fxstreet
Fri, Feb 6
US consumer sentiment improves modestly in February
WASHINGTON, Feb 6 (Reuters) - U.S. consumer sentiment improved marginally in early February amid lingering worries about the labor market and the rising cost of living, a survey showed on Friday.The University of Michigan's Surveys of Consumers said its Consumer Sentiment Index increased to 57.3...
Reuters
Fri, Feb 6
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