EUR/USD
1.16452
-0.120%
Gold
4473.46
-0.099%
Oil
58.133
-0.201%
USD/JPY
157.569
0.453%
GBP/USD
1.34105
-0.221%
GBP/JPY
211.312
0.244%
Real-time News
On January 9th, INGs Timothy Rahill and Jeroen van den Broek stated in a report that euro-denominated credit issuance is projected to reach a record high of €485 billion (approximately US$565 billion) in 2026. Analysts point out that, in addition to European companies seeking debt refinancing, US technology companies are expected to be the main driver of increased supply. Furthermore, increased capital expenditure and active M&A activity may also push up credit supply. Analysts stated that euro-denominated credit supply in 2025 is only slightly above €450 billion.A senior Ukrainian official said the missile was likely equipped with an inert (simulated) warhead.A senior Ukrainian official said that Russian Hazel missiles struck a workshop of a state-owned enterprise in the western Ukrainian city of Lviv.On January 9th, Mohd Seediq Jantan, Investment Strategy Director and local economist at IPP Financial Advisory Holdings Ltd., stated that the support for the US dollar is not primarily due to outright risk aversion, but rather to a reassessment of market expectations for US interest rates. Investors are adjusting their positions based on labor market data that could potentially delay the start of the next Federal Reserve easing cycle. He said, “With market forecasts for non-farm payrolls quietly rising and the unemployment rate expected to stabilize around 4.5%, the market tends to hold dollars before the data release.” Furthermore, he noted that any move by the Supreme Court to remove Trumps tariffs would alleviate inflationary pressures and boost corporate profit margins, but could also complicate the US fiscal outlook and limit the scope for Trumps proposed stimulus package. “This combination will allow the Fed to continue focusing on growth and employment, rather than inflation, thereby strengthening dollar yield support in the short term and encouraging investors to allocate funds to safe-haven and highly liquid currencies until the situation becomes clearer,” he said.On January 9th, TD Securities Pooja Kumra noted in a report that medium-term UK government bonds have outperformed long-term bonds since the beginning of 2026. Kumra stated that increased demand for medium-term UK government bonds has driven their performance. She pointed out, "To some extent, this trend reflects the markets reinvestment of the cash flows generated by the January 2026 UK Government Bonds maturing on January 30th."
