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Bullish Price Sequence

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Monday 8 February:

  • United States: Congressional Democrats set to present legislation as part of President Biden's USD1.9trn COVID-19 relief package. Various committees in both the House and Senate due to begin crafting various bills that will form the package, with the headline piece of legislation on Monday set to come from the House Ways and Means Committee, which is intended to give millions of families at least USD3,000 per child as part of the Child Tax Credit Bill.
  • EU-UK: European Commission VP Maros Sefcovic travels to London this week for face-to-face talks with UK Cabinet Office Minister Michael Gove regarding the Commission's triggering of Art.16 of the Northern Ireland protocol in late January in relation to the export of COVID-19 vaccines from the EU to the UK, which sparked outrage in Belfast, Dublin, and London. UK seeking an extension of customs grace periods in order to make things easier for UK exporters that have been hit hard by new customs checks following the UK's exit from the single market.
  • European Union: Plenary session of the European Parliament gets underway, continuing through to 11 Feb. Annual report on the European Central Bank for 2020 due to be presented to the parliament, with ECB President Christine Lagarde in attendance.
  • New Zealand: Public holiday for Waitangi Day.
Full article PDF attached below:

MNI POLITICAL RISK ANALYSIS – Week Ahead Feb 8-14.pdf

MNI London Bureau | +44 203-865-0981 | tom.lake@marketnews.com
MNI London Bureau | +44 203-865-0981 | tom.lake@marketnews.com