USD (USDIndex 96.50) held onto gains as US stocks fell over 1%, Yields dipped Oil posted 2-week lows. Risk-off, shaken off today - Asian markets rally. Biden's BBB Bill - signs more positive. Nikkei +1.79% OMICRON - still weighs, 73% of all cases in US were Omicron last week. Turkish Lira recovered +23% Monday & +11% today - Erdogan promised to back/guarantee local savings in LIRA (up to $1.5 billion local USD savings converted to LIRA on Monday night). US Yields 10yr to 1.419% now 1.43% Equities - USA500 -52 (-1.14%) at 4568 – USA500.F trades up at 4593. USOil – slumped to $65.88 & bounced to $69.00 now Gold - Under key $1800 at 1790. FX markets - EURUSD 1.1275 , USDJPY 113.72, Cable 1.3215.
Today – German GfK Consumer Sentiment, EZ Consumer Confidence (Flash).
Biggest FX Mover @ (07:30 GMT) NZDJPY (+0.31%) Bounced from 76.00 lows yesterday to 76.40 now. MAs now aligned higher, MACD signal line & histogram moving higher but still under 0 line since early Friday, RSI 52 & rising, Stochs OB zone.
