On January 2nd, Danske Bank’s foreign exchange and interest rate strategist Jens Naervig Pedersen stated in a report that global market liquidity is expected to remain subdued this week but may rebound next week. The strategist pointed out: “Looking ahead, as more economic data is released, market liquidity should improve next week.” Key data next week includes important U.S. labor market figures, such as the December non-farm payroll report released on January 9th and the ISM survey. During the year-end period, many market participants are on holiday or closing positions, leading to typically lower market liquidity. (Jin10)
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Opinion: Global market liquidity is expected to rebound next week
On January 2nd, Danske Bank’s foreign exchange and interest rate strategist Jens Naervig Pedersen stated in a report that global market liquidity is expected to remain subdued this week but may rebound next week. The strategist pointed out: “Looking ahead, as more economic data is released, market liquidity should improve next week.” Key data next week includes important U.S. labor market figures, such as the December non-farm payroll report released on January 9th and the ISM survey. During the year-end period, many market participants are on holiday or closing positions, leading to typically lower market liquidity. (Jin10)