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<ul><li>Prior +3.1%</li><li>HICP +3.5% vs +3.1% y/y expected</li><li>Prior +3.3%</li></ul><p>This won't help with the thinking that the ECB might cut rates sooner rather than later. However, core annual inflation did at least ease further from 3.8% in December to 3.6% in January. But still,

<p>The turning point in the bond market in October last year arguably came after the Treasury quarterly refunding announcement. And are we seeing a similar moment for Treasuries again after the estimate announced <a href="https://www.forexlive.com/news/treasury-q1-quarterly-refunding-estimate-760-vs-816-billion-prior-20240129/" t

<p>There aren't any major expiries to take note of on the day. As such, trading sentiment will rely more on the overall risk mood and also the action in the bond market. On the latter, 10-year yields in the US are falling after the Treasury quarterly refunding estimate <a href="https://www.forexlive.com/news/treasury-q1-quarterly

<ul><li>Prior CHF 3.71 billion; revised to CHF 3.83 billion</li></ul><p>The Swiss trade surplus shrank in December as the decline in exports far outpaced the drop in imports overall. Here is the breakdown:</p> This article was written by Justin Low at www.forexlive.com.

<p>Germany has already been in a slump since Q4 2022, with three of the last four quarterly readings being negative. The early estimate for Q4 2023 later is expected to show another 0.3% decline in GDP. That will reaffirm a mild technical recession following a 0.1% contraction in the economy in Q3 2023.</p><p>As such, a […]

<ul><li>Prior -0.1%; revised to 0.0%</li></ul><p>The French economy stagnated in the final quarter of last year, with the reading matching estimates. The breakdown shows that domestic demand fell by 0.1% on the quarter. Meanwhile, foreign trade contributed 1.2% but was offset by a 1.1% decline in inventories. A slight

US Stock Markets Advancing Again, NASDAQ 100 Close to All-Time High; Crude Oil Steady Ahead of Expected US Strike Against Iran/Allies

Gold price (XAG/USD) remains upbeat as mounting geopolitical tensions have improved the appeal of bullion.

The Pound Sterling (GBP) faces pressure amid volatility ahead of the interest rate announcements by the Bank of England (BoE) and the Federal Reserve (Fed) and deepening Middle East crisis.

Oil prices are in the red near 1% with the US Department of Defense issuing statements at the start of the US trading session that it does not seek broader conflict in the Red Sea region. Prices were shooting higher during the Asian session with