It was no surprise that the National Bank of Poland kept interest rates unchanged, with the reference rate at 4.00%. We expect the next rate cut as early as March with the update of the central bank’s inflation projection...

The Japanese yen bounced off from a 1-year low against the US dollar overnight but remains a weak currency as has been the case ever since risk assets bottomed in April of last year.

Heavy post-earnings fatigue is encapsulating Wall Street this afternoon, as Wells Fargo and Bank of America struggle to brush off disappointing reports.

The S&P 500 and Russell 2000 had every reason to run following the favorable inflation data, yet they couldn‘t get their act together.