Market Pulse - Currencies
UK and EU planning sanctions on new Russian natural gas projects
Britain and the EU are said to be readying sanctions that on new gas projects in Russia that could be wielded should Russia attack Ukraine again.
Russian forces in Belarus will not remain in country after February drills
The Russian rouble strengthened slightly, recouping some of the prior session's losses, after Belarus indicated that Russian troops in the country would not remain in the country following military drills planned for February.
Fed keeps policy unchanged, Powell says risks two-sided and avoids specifics
The US central bank didn't spring any immediate surprises on investors following its two-day policy meeting.
US house prices continue growing at near-record pace in November, S&P says
A record surge in US home prices barely slowed towards the end of November, the results of a closely-followed survey revealed.
Activity in US services sector comes to near standstill in January, survey shows
The arrival of the Omicron variant in the US brought activity in the country's services sector to a near standstill, the results of a closely-followed survey revealed.
Asia close: Stocks end lower tracking losses in the US
Stocks across the Asia Pacific region were mostly lower at the end of the week caught as they were by the ongoing correction in the US technology space.
Crunch time for US-Russia talks in Geneva
Russia's top diplomat to the European Union hopes that talks with the US on Friday in Geneva will help ease current tensions.
Philly Fed manufacturing index edges past forecasts at the start of 2022
Activity in the us mid-Atlantic region picked up the pace last month with new orders, shipments and delivery times both improving.
ECB does not need to react as quickly as the Fed, Lagarde says
The European Central Bank should not raise interest rates as quickly as the Federal Reserve, Christine Lagarde told French media.
Euro area CPI rises as expected in December on inflation in services
The cost of living in the single currency bloc rose as expected last month amid a jump in services and energy prices.
German producer prices clock in with fastest rise ever in December
A surge in natural gas prices stoked the fastest pace of increase in German producer prices ever at the end of 2021.
BoE's Bailey flags risks of energy inflation becoming more embedded
A slower decline in energy prices than was expected up to just a few months ago risked embedding them for longer in overall inflation pressures, the Governor of the Bank of England said.
BoJ says risks to prices 'generally balanced' but stays put on policy
The Bank of Japan anticipated that the country's economy "was likely to recover" as the impact of Covid-19 on services and its related supply-side constraints waned, policy makers said following their latest policy meeting.
US industrial production dips in December amid declines in auto and gas output
Industrial output underwhelmed at the end of December amid a decline in automobile manufacturing and in the output of gas utilities due to warmer-than-normal temperatures.
US wholesale prices rise a tad less quickly than expected in December
Wholesale prices in the States increased less quickly than expected last month as food and energy prices slipped.
US CPI rises a tad more quickly than expected in December
The cost of living in the US increased a bit more quickly than expected last month.
Goldman Sachs now sees four rate hikes in 2022, not three
Economists at Goldman Sachs believe the economic impact from Omicron should be mostly in the rearview mirror come the end of the first quarter.
Richmond Fed's Barkin tells WSJ that March rate hike is "conceivable"
A top US central bank official told the Wall Street Journal that an interest rate increase was "conceivable" at the Federal Reserve's March policy meeting.
Euro area producer prices rise at fast clip, energy costs again main culprit
Producer prices continued to rise at a fast clip in the single currency bloc during the month of November with dearer energy the main culprit.
Wednesday preview: US private sector payrolls, Fed meeting minutes in focus
Wednesday's focus in financial markets will be on the release of consultancy ADP's private sector payrolls report for the month of December with traders likely to be looking for any hint of Omicron's impact on activity towards the end of the month.