We are now past the middle of January, and this means that the largest US companies will report their earnings for the fourth quarter and many of them will provide the results of the entire 2020.
Catalan leader doesn't care about arrest
Carles Puigdemont, the leader of Catalonia told that he doesn’t care about being arrested for organizing a forbidden referendum on Catalonia’s independence from Spain that went ahead on Sunday notwithstanding Madrid utilized force in an attempt to prevent people from voting.
Evidently, Spanish riot police made use of truncheons as well as rubber bullets on voters, thus drawing criticism worldwide and tipping this European country into its biggest constitutional downtime for decades.
On Monday, Puigdemont's government will ask the regional parliament to officially declare independence, after his officials issued preliminary referendum results pointing to 90% support in favor of breaking up with Spain.
However, turnout didn’t exceed 43% because Catalans who back remaining part of Spain mostly boycotted the referendum.
In fact, neither the Spanish authorities, nor the judiciary have threatened to arrest the leader of Catalonia, although Madrid accuses him of breaking the country’s law.
Poor US data, slow vaccine distribution, rising virus cases worsened the market sentiment and underpinned safe-haven currencies like the USD, and JPY.
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.
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The Canadian central bank will make a monetary policy report and announce interest rates on Wednesday, January 20, at 17:00 MT time. Also, the BOC press conference will be held later.
USD’s rally takes a pause, while riskier assets are modestly rising.