26th January 2024

  • Demand for Fed Funding Tool Hits Record Before Rate Hike

Officials raised cost to borrow from Bank Term Funding Program

Bank demand for tool climbs to fresh record at $167.8 billion

https://blinks.bloomberg.com/news/stories/S7U8N6DWX2PS

  • US Extends Lead Over China in Race for World’s Biggest Economy

US ends 2023 with a bang while China struggles with a bust

Ex-IMF official calls it ‘a striking turn of fortunes’

https://blinks.bloomberg.com/news/stories/S7TX1RDWRGG0

  • Bond Traders Slightly More Optimistic on Fed After Mixed Data

Treasury yields decline after 4Q GDP readings, jobless claims

Swap contracts price in several more basis points of easing

https://blinks.bloomberg.com/news/stories/S7TLQLDWLU68

  • Oil Set for Best Week Since October on Rising Geopolitical Risks

Crude aided by Red Sea, Europe tensions, and US stockpile draw

Brent holds near $82 a barrel after rising over 4% this week

https://blinks.bloomberg.com/news/stories/S7UWVNDWX2PS

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