The last week of January is a busy one, featuring 3 rate decisions and preliminary GDP releases. The Fed could join the easing bias seen from ECB, BOE and the BOJ. The BOJ has its own decision and more stimulus is certainly on the cards. Preliminary GDP figures from the US could be weak and justify a rate hike hiatus from the Fed, hurting the greenback. For the UK it’s an appearance from Carney and GDP data, for the euro it’s German IFO and inflation figures. And lest we forget: end-of-month flows will have the last word.
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