Stocks in Asia traded mixed with Nikkei gaining 1.1% and S&P/ASX 200 dropping 0.2%. Trading was subdued however as Chinese, New Zealand and South Korean traders were on holiday
US futures trade slightly higher following massive rally on Friday
DAX futures point to higher opening of the European cash session
US President Biden said that US troops will be moved to the Eastern Europe soon
Fed’s Bostic says that 50 basis point rate hikes cannot be ruled out if inflation remains elevated
Sergio Mattarella was re-elected as President of Italy and accepted to serve second term
Official Chinese manufacturing PMI dropped in January from 50.9 to 49.1 (exp. 50.4)
Japanese retail sales increased 1.4% YoY in December (exp. 2.7% YoY)
Japanese industrial production was 1.0% MoM lower in December (exp. -0.9% MoM)
Cryptocurrencies traded sideways over the weekend but some weakness can be spotted on Monday. Bitcoin dropped to $37,000 while Ethereum trades near $2,500
Gains can be spotted all across the commodity market. Agricultural good, precious metals and energy commodities all trade higher
AUD and NZD are the best performing major currencies while JPY and CHF lag the most