[PODCAST] US Open Rundown 11th January 2022
11 Jan 2022, 11:45 by Newsquawk Desk
- European bourses and US futures are firmer following yesterday's US rebound, ES +0.3%, but off best pre-Powell's testimony
- Fed Chair Powell’s prepared remarks noted the economy has rapidly strengthened despite the ongoing pandemic
- Fed's Bostic (2024 voter) sees three 2022 hikes, risks of a fourth on the possibility of higher inflation
- DXY remains sub-96.00 and continues to drift with peers ex-JPY modestly firmer while debt is choppy but...