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US: Trump’s inauguration speech talks of ‘Golden Age’ – UOB Group
US President Trump pledged to put America’s interests first to return the country to ‘a golden age’, reversing the US decline while taking on ‘a radical and corrupt establishment’ and ‘stop the weaponization of law enforcement’, UOB Group’s Senior Economist Alvin Liew notes.Fxstreet
Tue, Jan 21
UPDATE 2-UK wage growth stays strong but job market dims, confirming BoE outlook
Private sector pay growth watched by BoE as a gauge of inflation Strongest reading since February 2024 Business surveys have shown a sharp fall in employment outlook Recasts, adds economist and market reactionBy Andy Bruce and David Milliken LONDON, Jan 21 (Reuters) - British pay growth stayed st...Reuters
Tue, Jan 21
India sees rise in US energy imports following Trump's announcement, oil minister says
Jan 21 (Reuters) - India expects its purchase of U.S. energy products to increase after President Donald Trump's announcement to maximise U.S. oil and gas production, said Oil Minister Hardeep Singh Puri in a meeting on Tuesday.Trump has announced a plan to maximise U.S. oil and gas production by de...Reuters
Tue, Jan 21
Russia's wealth fund chief says Trump could change history
MOSCOW, Jan 21 (Reuters) - The head of Russia's $23 billion sovereign wealth fund praised U.S. President Donald Trump on Tuesday, saying his raft of orders showed that decisive leadership could change the course of history, boost growth and open opportunities for dialogue. Within hours of his inaugu...Reuters
Tue, Jan 21
Euro zone bond yields edge lower after Trump inauguration
By Stefano Rebaudo Jan 21 (Reuters) - Euro zone government bond yields edged lower on Tuesday after U.S. President Donald Trump said he wouldn’t immediately impose new tariffs, leading investors to forecast fewer inflationary policies from the new U.S. administration.Markets had expected that Tru...Reuters
Tue, Jan 21
UPDATE 1-European car sales up 0.9% in 2024, Renault overtakes Stellantis in Dec, ACEA says
Adds graphicsBy Alessandro Parodi Jan 21 (Reuters) - New car sales in Europe were up by 0.9% in 2024, led by double-digit growth in hybrid car registrations, which exceeded petrol for a fourth consecutive month in December, industry data showed on Tuesday.Renault's RENA.PA market share in the con...Reuters
Tue, Jan 21
Bigger deficit cuts this year could accelerate rate cuts in Poland, IMF says
WARSAW, Jan 21 (Reuters) - Front-loading some planned budget cuts to 2025 would create room for faster interest rate cuts in Poland, the IMF said in a report on Tuesday, adding the central bank's current tight policy stance was appropriate given still-high core inflation.The National Bank of Poland ...Reuters
Tue, Jan 21
European car sales up 0.9% in 2024, Renault overtakes Stellantis in Dec, ACEA says
Jan 21 (Reuters) - New car sales in Europe were up by 0.9% in 2024, led by double-digit growth in hybrid car registrations, which exceeded petrol for a fourth consecutive month in December, industry data showed on Tuesday.
Reuters
Tue, Jan 21
Japan’s Top FX Diplomat Mimura: US economy’s outlook up to Trump’s macroeconomic policies
Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, said on Tuesday, “US economy outlook’s up to Trump’s macroeconomic policies.” Further comments Need to closely watch if China’s recent export strength will continue.
Fxstreet
Tue, Jan 21
TREASURIES-US yields dip after Trump does not impose tariffs on first day
US 2-year, 10-year yields slip but tariff threat lingersUS rate futures price in 44 bps of easing in 2025Trump says thinking of tariffs on Canada, Mexico next monthAdds comments, updates pricesBy Ankur Banerjee SINGAPORE, Jan 21 (Reuters) - U.S. Treasury yields slipped on Tuesday after President ...Reuters
Tue, Jan 21
UPDATE 8-No day-one tariffs from Trump, but he says Canada, Mexico may get duties Feb 1
Trump memo calls for studying trade with China, Canada, MexicoTrump does not impose immediate tariffs on imports into USDollar dives, stocks jump in tariff relief rally Trump says Canada, Mexico may get duties over border problemsAdds details of presidential memo in paragraph 3, market reactions in ...Reuters
Tue, Jan 21
