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Reporting on key macro data at the time of release.
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Market sentiment has turned sour, with U.S. e-mini futures conceding some ground. The Omicron angst continues to undermine appetite for riskier assets, with little of note seen on the wires so far.
- Safe haven G10 currencies outperform at the margin, while high-betas lag behind. The Antipodeans lead losses in the space. Major crosses have generally stuck to fairly tight ranges.
- China's Caixin Services PMI will hit the wires shortly, while U.S. NFP report will take focus later in the day. U.S. durable goods orders and factory orders, Canadian jobs data and a raft of global Services PMI prints are also due.
- Central bank speaker slate features Fed's Bullard, BoE's Saunders and ECB's Lagarde & Lane.