US jobs data was strong enough to spur optimism about the economic recovery, but soft enough to keep the Fed hawks away, but Janet Yellen’s mention that a stronger interest rate environment would be a ‘plus’ weighed on US futures in Asia. US inflation, ECB, BoC meetings, GameStop earnings and the AMC squeeze will be under close watch this week. Bitcoin, on the other hand, comes undamaged out of weekend trading, even though Elon Musk tweeted a broken heart just before the weekly closing bell. What’s next?

 

This report has been prepared by Swissquote Bank Ltd and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by Swissquote Bank Ltd personnel at any given time. Swissquote Bank Ltd is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.

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