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WH Advisor Hasset: Trump white house wants Warsh
White House advisor Kevin Hassett said that he is not disappointed about being passed over for the Federal Reserve (Fed) Chairman position. He also claimed that legal issues with the Fed should be resolved quickly in an interview for CNBC on Friday.Fxstreet
Fri, Jan 30
EU-India Trade Deal: Pragmatism Trumps Caution – Societe Generale
Societe Generale's Kunal Kundu discusses the recently concluded EU-India Free Trade Agreement (FTA), highlighting its potential to create a free-trade zone covering nearly 2 billion people and a fourth of global GDP.Fxstreet
Fri, Jan 30
US headline Producer Prices rose by 3.0% in December
US Producer Prices rose 3.0% in December from a year earlier, according to the latest figures from the Bureau of Labour Statistics (BLS). The print came in above estimates (2.7%) and matched the 3.0% gain recorded in the previous month.Fxstreet
Fri, Jan 30
EUR: Positive growth outlook supports stability – BBH
Brown Brothers Harriman (BBH) analysts note that Eurozone Q4 real GDP growth has exceeded expectations, positioning the European Central Bank favorably. Analysts suggest that the ECB can maintain its current rates for some time.Fxstreet
Fri, Jan 30
CAD: Growth steady but USD remains key driver – ING
Canadian growth figures are expected to show a 0.7% year-on-year increase, but this is viewed as a backward-looking indicator. The Bank of Canada is likely to maintain its neutral stance, with potential rate adjustments leaning towards a decrease.Fxstreet
Fri, Jan 30
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.
Fxstreet
Fri, Jan 30
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