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Chinese LNY & Fed Blackout Limit Trading Ranges

LATAM
  • The Chinese Lunar New Year and the beginning of the Fed's pre-rate decision media blackout period have made for a relatively quiet start to the week, with a light data docket likely to keep a lid on price action going forward on Monday. The December US Leading Index and Eurozone consumer confidence make up the risk events for the rest of the session.
  • Similar story in Latin America, with the focus on inflation readings due Tuesday for both Mexico and Brazil. Chile and Colombia central bank rate decisions fall later this week.

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