- Poll says People's Bank of China interest rate to be left unchanged on Tueday
- RBNZ rate hikes ahead priced in - downside risk for NZD
- UK wages - biggest pay rises in nearly a decade coming
- China inflation data due mid-week - CPI in China is low
- PBOC sets USD/ CNY mid-point today at 6.3664 (vs. estimate at 6.3665)
- Ukraine has requested a meeting with Russia in the next 48 hours
- Taiwan is considering opening a representative office in Western Australia
- Bank of England will raise its bank rate by 25bps on March 17 (25/40 say in poll)
- RBA minutes to be scoured for hints of a 2022 rate hike after Lowe's huge pivot last week
- Oil futures rising already after a weekend of more Russia-Ukraine concerns
- BoJ will conduct an unlimited bond buying operation today
- Fed's Bullard and ECB's Lagarde are on the speaking agenda for Monday 14 February 2022
- Irish central bank head says an ECB rate hike in June is not realistic
- NZ data - services PMI 45.9 (prior 49.7) & Food Price Inflation +2.7% m/m (expected +0.4%)
- A tweet from the Russian embassy in London is being seen as a "ray of hope"
- Trade ideas thread - Monday 14 February 2022
- Ukriane's President has invited Biden to Kiev. Says would stabilise the situation.
- Iranian official said nuclear talks becoming "more difficult" as West powers "pretends"
- Police clear protesters blockading Canada-U.S. bridge
- Magnitude 5.7 earthquake south of Guam - no tsunami warning issued
- Monday morning open levels - indicative forex prices - 14 February 2022
- How to prepare for war (in markets)
- Fed's Daly: Being too aggressive could be destabilizing
- Biden and Putin spoke on Saturday - the two agreed to stay engaged in the days ahead
- ECB’s Rehn says the Bank needs to look beyond short-term inflation
- Stocks take it on the chin on Russia tension
Worries over a Russian invasion of Ukraine heightened on Friday and there was not a lot over the weekend to dial back those concerns. The threat to oil supply saw oil prices rise during the session here. The rise was exacerbated by comments out of Iran over the weekend that Western powers are not being genuine in their proposals.
The ‘risk’ trade in forex was a little softer: AUD, EUR, GBP, NZD all down against a stronger USD. USD/JPY and USD/CHF are a touch stronger also. Regional equities here were lower.
News and data flow was light. Of note, New Zealand food prices + 2.7% in January for their largest increase in five years.
The
LA Rams beat the Cincinnati Bengals in the SuperBowl.
NZD/USD slide a few points:
