Market Update – January 20 – USD Wallows, Stocks Weaker, Japanese Inflation at 41-year high
Better US data (Unemployment Claims & Philly Fed Manu Index) could not lift the USD (USDIndex under 102.00) & Wall St. (-0.76% to -0.96%). US hit its latest debt ceiling ($31.4 trillion) as Republicans try to rein in Biden’s spending. Potential default postponed until June 5. More Hawkish comments from […]