| Prior Close | ||
|---|---|---|
| Asset | Level | Days Change |
| S&P 500 | 6,849.40 | -0.72% |
| Nasdaq | 23,241.99 | -0.76% |
| Spot VIX | 14.78 | -1.14% |
| 2 Year Bond Yield | 3.48 | -1 bps |
| 10 Year Bond Yield | 4.16 | -1 bps |
| EUR/USD | 1.1719 | -0.21% |
| USD/JPY | 156.88 | +0.06% |
| GBP/USD | 1.344 | -0.22% |
| WTI Oil | 57.95 | -0.22% |
| Gold | 4,395.26 | +1.75% |
| Bitcoin | 89,296.07 | +0.63% |
| Data | Prior | Cons | Actual |
|---|---|---|---|
| No events available | |||
| Data | Prior | Cons | Time |
|---|---|---|---|
| Federal Reserve Balance Sheet | 6560m | - | 18:59 |
Markets remained closed for the New Year's holiday, resulting in stable prices across equities, bonds, FX, commodities, and crypto with no significant volatility. Spot VIX held steady at 14.78, reflecting calm conditions below the 16 threshold for heightened activity. Economic data releases were absent, allowing focus on year-end reviews like India's defense advancements without impacting daily trades. Fed speeches were quiet, with no comments from officials on rate paths or inflation.
Federal Reserve balance sheet data is scheduled at 18:59 ET, expected to show continued quantitative tightening consistent with the cutting cycle. No other major economic data or speeches are slated, keeping the day focused on overnight reactions. Investors will monitor for any surprises in liquidity trends that could influence bond yields or FX ahead of weekend trading.
Bangladesh's upcoming February elections highlight political risks amid self-governing democracy tensions. Taiwan's life amid Chinese war games demonstrates economic resilience despite regional instability. US labor unions' unity against immigration crackdowns signals potential impacts on workforce dynamics and policy debates.
In the rate cutting cycle, the absence of fresh data maintains a neutral stance, with markets pricing fewer cuts in 2026. Balance sheet reductions continue steadily, supporting slower pace of easing to monitor inflation and growth. Geopolitical tensions from global news tilt dovish, favoring more cuts if data weakens, but current stability suggests holding steady.