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South Korea Q4 GDP was +1.1% q/q, beating the median estimate of +0.9%

The recovery in exports played a big role in the improvement. For 2020 as a whole economic growth in the country contracted by 1% though, the worst performance since 1998. Down just 1% is a result many economies will be envious of. 
Jan 25, 2021 Read more

Biden will announce oil and gas drilling bans for Federal land on Wednesday

US President Biden will issue executive orders detailing climate change policies on Wednesday 2t January 2021  Will include orders on banning new oil and gas drilling on US federal land.
Jan 25, 2021 Read more

US Senate has voted to confirm Janet Yellen as the new Treasury Secretary

Janet Yellen is the new US Treasury Secretary, the first woman to ever hold the job.  Yellen is the previous Chair of the Federal Reserve System. Huge Congratulations to Yellen from ForexLive!
Jan 25, 2021 Read more

US State dept says ramping up efforts to compete with China

A US state dept spokesperson the United States has to play a 'better defense' in the face of China's efforts to gain a technological advantage - says US should hold China accountable for its "unfair and illegal practices" and make sure American technologies aren't facilitating China's military buildup or human rights abuses
Jan 25, 2021 Read more

Forexlive Americas FX news wrap: The USD closes higher after an down and up session

Forex news for North American trading on January 25, 2021 In other markets into the close: - Spot gold is near unchanged at $1855.72. The high for the day reached $1867.97. The low reached $1847.30 In the forex market today, the NZD is ending is the strongest of the majors followed by the USD. The CHF is the weakest
Jan 25, 2021 Read more

Moderna says expect the durability of vaccine protection is a year or longer

Comments from Moderna execs via a conference call:
Jan 25, 2021 Read more

Trade ideas thread - Tuesday 26 January 2021

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:         
Jan 25, 2021 Read more

AstraZeneca refutes reports suggesting its COVID-19 vaccine efficacy could be as low as 8% in people aged over 65

AZ rebutting the earlier dissing.  Deamnd for their vaccine is through the roof causing delays in deliveries. 
Jan 25, 2021 Read more

New Zealand services PMI for December: 49.2 (prior 46.7)

BusinessNZ Performance of Services Index (PSI) improves on the month  more to come    Last week got this data point, weaker:
Jan 25, 2021 Read more

Biden says should be able to vaccinate 1m people a day in about 3 weeks

The headline across the newswire re this is a little different, I really hope he didn't say 1m people a day. vaccine More:
Jan 25, 2021 Read more

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