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USDCAD TECHS

Circling Major Support

US TSYS SUMMARY

Stocks and Rates Near Session Highs Late

AUDUSD TECHS

Tepid Bounce

LATAM

OUTLOOK: WEEK AHEAD

US EURODLR OPTIONS

Nice Mark for Early Put Buyer

MNI (London)
VIENNA (MNI)

Germany's exports improved in January, with the Ifo Institute's export index rising to 6.0, up from 1.9 in December, indicating increased optimism at the start of the year. This marks the highest level since October, with the uptick mainly driven by more clarity regarding Brexit, U.S. elections, a robust industrial economy and the start of the vaccination campaigns.

Computer and electrical equipment producers forecast strong increases in exports, while manufacturers of mechanical engineering and the chemical products are also more confident about future exports. Food and beverage manufacturer's export expectations improved as well to a stable outlook. On the other hand, the clothing industry is still struggling and furniture producers expect their international sales to drop.

MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com
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