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CZKPLN ‘Bear’ Consolidation Resumes


Further Softening In Fed Hike Expectations

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Executive Summary:

08:00ET/13:00GMT/22:00 JST: President Joe Biden will hold virtual talks with Japanese Prime Minister Fumio Kishida.

  • The White House was in damage control yesterday after Biden's presser appeared to contradict the government’s position on Ukraine and Build Back Better.
  • House Speaker Nancy Pelosi (D-CA) said on Build Back Better: ‘This is a reconciliation bill. When people say, ‘Let’s divide it up’ ...they don’t understand the process.’
  • On Ukraine Senate Majority Whip Dick Durbin (D-IL) said: 'I would like to ask the President what he was thinking? Because I don't believe you give Putin an inch. He'll take a mile.'
  • The US Army has made progress on its ‘pan-coronavirus’ vaccine ‘SpFN’. Several institutes and universities have programs ongoing to develop a ‘pan-coronavirus’ vaccine which would provide immunity to all variants and the US Army has shown effective data in early trials.
  • The final meeting in the US-Russia-NATO talks to de-escalate the Ukraine crisis is taking place today. US Secretary of State Antony Blinken is meeting with Russian Foreign Minister Sergei Lavrov at the President Wilson Hotel in Geneva.
  • Press conferences following talks will be held at approximately 13:00CET/12:00GMT/07:00ET

Please find the full article attached:

MNI POLITICAL RISK ANALYSIS – US Daily Brief 21-01-22 .pdf

MNI London Bureau | +44 203-865-3850 |
MNI London Bureau | +44 203-865-3850 |

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