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ASIA

Coming up in the Asia-Pac session on Wednesday:

USDCAD TECHS

Corrective Pullback

US TSYS

Risk-On Carries On

US EURODLR OPTIONS

Late Trade, March Calls

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Earlier today, House majority leader Steny Hoyer (D-MD) spoke on Congressional Democrats' plans to get the two major spending packages, the bipartisan infrastructure framework (the smaller Senate-passed plan) and the Build Back Better social spending package (the as-yet unagreed White House driven package), onto the House of Representatives floor at some point next week.

  • Hoyer: "The House will aim to consider the bipartisan infrastructure investment and jobs act and the build back better act this work period.[...] In the build back better plan and the bipartisan infrastructure framework plan, which is a bipartisan bill on the Senate side. I hope to bring both of those bills to the floor next week if they're ready."
  • There still seems to be a long way to go on the Build Back Better package, with leftist Senator Bernie Sanders (I-VT) and moderate Joe Manchin (D-WV) engaging in a major row over the sums of money involved in discussions on 21 October.