Daily Morning Call

From the Floor: Quiet start to a busy week – #SaxoStrats

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It'll be a quiet Monday but a big week ahead that's jam-packed with risk events including a trio of central bank policy meetings, the federal government funding crisis in the US, the ongoing efforts to form a government in Germany and 'the spectacle of Donald Trump rubbing shoulders with the great and the good in Davos'.
  • Busy week ahead – BoJ, Norges Bank and ECB policy-setting meetings
  • US government shutdown, German coalition plans and Davos in focus too
  • EUR gapped higher on German coalition talks but the gap was erased overnight
  • US govt. imbroglio 'must be resolved this week' to avoid market contagion
  • Earnings season is kicking into higher gear – 150 companies report this week
  • US 10-year yield hits its highest level since 2014