CURRENCY MARKET WRAP
As of Tue 21 Jan, Singapore Time zone UTC+8
U.S. Dollar Index, -0.01%, 97.61
USDJPY, -0.02%, $110.17
EURUSD, +0.03%, $1.1094
GBPUSD, -0.05%, $1.3004
USDCAD, -0.15%, $1.3046
AUDUSD, -0.07%, $0.6877
NZDUSD, -0.13%, $0.6610
U.S. markets were closed for holidays on monday and there were no notable economic prints or news to drive risk sentiment.
IMF slashes Global GDP forecast for 6th consecutive time, warns “Climate Change” will hit economy. According to the IMF, the downward revision primarily reflects negative surprises to economic activity in a few emerging market economies, most notably India, where 2020 GDP is now expected to rise just 5.8% down from 7.0%, which means that in 2020 China will regain the title of the world’s fastest growing economy.
STOCK MARKET WRAP
S&P500, – closed –
Nasdaq, – closed –
Nikkei Futures, -0.09%, 24,027.5