January 22, 2025 11:13 GMT
LATAM: Summary – January 22
LATAM
- The Latam data is light today, with just Argentina’s leading indicator for December due, and possibly Brazil December tax collections and formal job creation, which are set to cross in the coming days.
- Elsewhere, datapoints are few and far between, keeping focus on political uncertainty and the first few full days of the Trump White House. The slew of executive orders and memorandums across the past few days remain a background concern for markets, particularly following the downside in Chinese and Hong Kong equities overnight, which were sold on the back of Trump's threat to engage with 10% tariffs on imports from both China and the EU.
- Central bank speak is defined by the busy ECB schedule today, with speeches from Rehn, Lagarde and Nagel due from the ongoing WEF in Davos. Lagarde has already hit the wires this morning, disclosing little new on policy, as she continues to stress the downside risks to policy.
153 words