Today we are taking a look at:

  • Liquidity conditions remain thin as a result of political uncertainty; IIF reports $4 billion of outflows from EMs in January, biggest since Trump election
  • Local focus remains on politics
  • Gold resumes down-trend; Brent declines as the Middle East starts buying American oil, US oil production rises
  • While most global markets posted relief rallies, the U.S. fell back into the red as yields on treasuries continued to gain; This morning Asian markets are mixed as weaker energy shares weigh on the market
  • Asian data this morning disappoints