• US Equity futures have resided at limit-down throughout the European session
  • Debt complex has been heavily subdued while the DXY has printed fresh YTD highs
  • Fed established a primary dealer facility to support market function beginning March 20th which will last at least 6 months for 90-day loans
  • Former VP Biden was declared winner in the Florida, Illinois and Arizona Democrat primaries
  • Looking ahead, highlights include US Building Permits and Housing Starts, Canadian CPI, DoEs, NZ GDP,...
  • European bourses are firmer this morning, as sentiment improved overnight as the WHO did not declare an international emergency
  • UK Flash PMIs beat expectations, though GBP has slipped post-release; January BoE cut expectations are back to near 50/50
  • OPEC+ have reportedly discussed an output cut extension until the end of 2020
  • US President Trump will sign the USMCA trade deal at the White House on January 29th
  • Looking ahead, highlights include US Flash...
*HQ saying toodle pip for the week* Much love guys, as always, see you on the other side! (don't worry about him…