UK January CBI trends total orders -38 vs -35 expected 0 (0)

Latest data released by CBI – 21 January 2021
The drop in the headline reading suggests that UK manufacturers are expecting a sharp fall in output amid concerns on the virus situation as well as Brexit-related issues that may negatively impact supply of components and materials moving forward.

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Biden set to issue sweeping orders to tackle coronavirus pandemic 0 (0)

Biden to invoke orders to overhaul US approach to combat the virus crisis
Although Biden does promise to increase vaccine supply, the timeline in which the vaccine will be made available to the mass public is still relatively unknown for now. But he does pledge to vaccinate 100 million people in 100 days, so we’ll see.

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US MBA mortgage applications w.e. 15 January -1.9% vs +16.7% prior 0 (0)

Latest data from the Mortgage Bankers Association for the week ending 15 January 2021
–  +16.7%
– Market index 946.8 vs 965.2 prior
– Refinancing index 4,484.2 vs 4,706.3 prior
The drop in the overall market index comes from a larger decline in refinancing activity, meanwhile purchases surged higher once again as the housing market continues to keep more

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