Morning Call Script - 13 Feb 2024
Overnight asset drivers & the impending data calendar
HarksterPro subscribers receive this daily piece around 6:50am (GMT). If you would also like this piece to help prepare for your teams morning call as well as the entire range of HarksterPRO publications, please subscribe here. Otherwise the Freeview will be sent at 8.00am (GMT).
What’s Moved Overnight
The drift into CPI continues as Chinese mkts remain closed for Lunar NY... EUR 1.0770, JPY 149.50, GBP 1.2620, 10s @ 4.175% and Crude $77.30.
Nikkei hit 37930 overnight, its highest since Feb 1990 and closed up almost 3%.
NZD has lagged after a drop in inflation expectations to 2-year lows of 2.5% (prev 2.76%). This has resulted in the probability of a Feb RBNZ hike dropping to 15%, down from 40% after ANZ Zollner's report late last week.
Biden is pushing for a 6-week ceasefire as CIA/Mossad set to meet along with Egyptian and Qatari officials.
Crypto on fire.... XBT @ 50k but it is being lead by ETH up 6% overnight.
Stream your favourite financial content into your own custom research inbox, including bank publications, independent research, podcasts, financial press and more. - "It's like Tweetdeck for financial research".
HarksterPRO includes complimentary access to our full-featured research inbox, which the team uses daily. Try the basic version out for FREE here.
ㅤㅤㅤ
Have a great day, and keep smiling!
Podcast for the Commute
Blind Squirrel Macro - We have come a long way from Mad Men
The Day Ahead
GBP (07:00): UER, Average Earnings excl Bonuses
CHF (07:30): Inflation Rate
GER (10:00): ZEW
USD (13:30): Inflation
Stay informed throughout the day with our new commentary channel (‘Intraday Market Colour’) highlighting key notes, topics du jour, and HarksterHQ’s market updates around key data points and headlines.
Available on the HarksterPRO Research Platform.
ㅤㅤㅤ
The information provided in this post is for general information purposes only. No information, materials, services, and other content provided in this post constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.