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A gradual begin to the brand new week

Congrats to the Kansas Metropolis Chiefs for taking house one more Lombardi Trophy. That makes it three Tremendous Bowl titles in 5 years. Large repute, large repute. Whereas the world watches on, it is a gradual begin to the brand new week for markets. And never surprisingly so, actually.

In Asia, most markets are nonetheless closed amid the Lunar New 12 months. With Japan, China, Hong Kong, and Singapore all out, liquidity circumstances are sapped to say the least. We might stay up for issues choosing up in Europe later however I would not be shocked if the quieter temper persists.

There are no main financial knowledge releases slated for at present, even in US buying and selling. Including to that, all eyes are on the US CPI knowledge that may come tomorrow. That’s the subsequent large knowledge on the agenda after the non-farm payrolls earlier this month.

As such, merchants are going to lack urge for food in chasing any strikes till we get to that. So, do not anticipate any fireworks within the day forward.

This is a snapshot of the foremost currencies area as we glance in the direction of European buying and selling:

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