What’s driving today’s upbeat sentiment A lot of the chatter out there is that risk assets are trading back up on the positive updates around coronavirus, mainly that US covid cases fell for the sixth consecutive day. But we think it’s more about Janet Yellen and the expectations around her confirmation hearing. [embedded content] For
Media reports on moves from the European Union to lay out plans to limit its reliance on the USD Citing a draft policy paper from the European Commission that will be adopted on January 19. The paper points to the EU’s vulnerability to US sanctions and to financial risks. Measures proposed include tighter controls on
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Powell will be participating in a Princeton Economics’ webinar If you’re wondering what will be discussed, the event agenda highlights that Powell is slated to touch on an array of topics as per the following: On Thursday, January 14, 2021, Federal Reserve Chair Jerome Powell will join Markus Brunnermeier for an online conversation. The following
A heads up for Thursday US time – Biden to outline his plans, he is seeking bipartisan support.  The proposal is expected to include  US$2,000 stimulus checks an extension of enhanced unemployment insurance vaccine distribution/delivery funding and miscellaneous funding for cities, states, schools, child care (and more) While Biden will seek support across the two