- JPY leads, NZD lags on the day
- European equities higher; S&P 500 futures flat
- US 10-year yields down 2.9 bps to 4.158%
- Gold down 0.2% to $2,020.48
- WTI crude down 1.1% to $75.91
- Bitcoin up 0.8% to $47,900
It was a quiet session as markets are waiting with bated breath on the US CPI data release tomorrow.
Asian markets were closed amid the Lunar New Year, so that already sapped much of the appetite early on ahead of European trading. But as there wasn’t any major releases on the agenda, traders are lacking any real conviction so far today as we gear for the main event tomorrow.
The dollar was mixed but mostly steady overall. USD/JPY is down slightly to around 149.00 amid a slight nudge lower in yields but EUR/USD is also seen down from 1.0800 to 1.0765 during the session. The latter is still keeping in a similar range to last week though, with key technical levels holding price action intact for now.
Besides that, USD/CAD is flattish around 1.3460-70 and AUD/USD likewise at 0.6520 on the day currently.
In the equities space, investors are also not running away with the optimism from Friday just yet. US futures are lightly changed as there are watchful eyes on the inflation numbers tomorrow.
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