XE Market Analysis: Europe – Jan 25, 2021

The dollar is modestly lower amid a risk-on backdrop in asset markets. Data showing China had received $163 bln of foreign direct investment inflows, more than the U.S. received, boosted sentiment across Asian equity bourses. The MSCI Asia-Pacific came within a whisker of a new record high. U.S. stock indices futures also rallied. Global stimulus and a visible route out of the Covid-induced lockdown crisis remains a relevant investment thesis, although weakened in light of the ever-tightening response to Covid.

Source: XE news feed
XE Market Analysis: Europe – Jan 25, 2021