GLOBAL & REGIONAL DAILY (Monday 18 January, 2021)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
January 18 2021
Global Markets
Favored by its safe-haven appeal, the USD firmed, pushing the EUR/USD to a near six-week low of 1.2063 earlier today following an unexpected drop in US retail sales for December and market concerns about the extent to which the $1.9bn stimulus package proposed by incoming US President Joe Biden will make it through Congress. US markets are closed today for Martin Luther King Jr. Day.
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