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China is out on holidays until the middle of next week: There is no PBoC USD/CNY reference rate setting today – China is on holiday There will also be holidays in Hong Kong and Singapore when markets will close. Hong Kong is closed on: Lunar New Year’s Day…

We get December 2024 month and Q4 2024 inflation data from Australia on Wednesday, January 29, 2025 at 11.30 Sydney time: 0030 GMT 1930 US Eastern time The quarterly figures are the focus. More on this under the preview. The inflation report will be pivotal in determining whether…

Reserve Bank of New Zealand Chief Economist Paul Conway is speaking on Wednesday, January 29, 2025 at 11 am New Zealand time: 2200 GMT 1700 US Eastern time The topic is: Beyond the Cycle: Growth and interest rates in the long run: The speech looks beyond the business…

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China’s Lunar New Year, marking the start of the Year of the Snake, falls on Wednesday, January 29. The official public holiday spans 8 days, from January 28 (New Year’s Eve) to February 4. During this period, many businesses and government offices close, allowing people to travel home…

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UK British Retail Consortium (BRC) Shop Price Index -0.7% y/y in January expected -0.7%, prior -1.0% Shop prices declined at a slower rate in January compared to December food prices saw their biggest monthly increase since April 2024, +0.5% m/m (December was +0.1%) BRC warned that inflationary pressures…

National Australia Bank business survey, for December 2024. Business Confidence -2 prior -3.0 Business Conditions 6.0 prior 2.0 Sales increased 3 points to +9, profitability rose 4 points to +4, and the employment index gained 1 point to +4. Conditions improved across most industries, except for transport and…

The data post is here: Japan data – Services PPI (December) 2.9% y/y (prior 3%) I got pretty caught up with Trump’s tariff talks: More from Trump – will place tariffs on computer chips, pharmaceuticals USD surging again – Trump tariff threats, Bessent want tariffs too Trump says…