FXStreet (Delhi) – Research Team at Deutsche Bank, suggests that today all eyes will be on the US session where there are a number of releases due.
Key Quotes
“Kicking things off will be the latest housing market data where we’ve got the November FHFA house price index and S&P/Case-Shiller home price index prints both expected. Following this will be the flash January services and composite PMI’s, before we get the January consumer confidence reading where current expectations are for no change relative to last month. The Richmond Fed manufacturing index print for January is also due out this afternoon.
In terms of central bank speakers, comments from the BoE’s Carney (at 10.45pm GMT) this morning related to the December Financial Stability Report will be worth keeping an eye on.
Meanwhile, earnings season rumbles on with 23 S&P 500 companies due to report. The highlight will no doubt be the Apple results which are expected post the closing bell, while Johnson & Johnson (pre-market), AT&T (after-market) and Proctor & Gamble (pre-market) are also due to report.”
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