If there’s a bull case, this is it
The US dollar held a steady bid from Wed-Fri after the Democrats won the Senate and it was the top performing currency after the result became clear.

Dow, S&P and Nasdaq closes at record close
The US stocks closed higher on the day. The Nasdaq led the way with a gain of over 1%.  
The final numbers are showing:

Forex news for North American trade on January 8, 2020:
Market:
If you look at the FX ticker, it doesn’t look like it was much of a day in the market:
The reality was that it was full of significant developments, twists and turns.

Weekly forex futures positioning data from the CFTC
– EUR long 143K vs 143K long last week. Long position unchanged
– GBP long 4K vs 5K long last week. Longs trimmed by 1K

It may be 50% more-transmissible
A White House covid task force document seen by NBC News highlights a variant in the US that might be 50% more-transmissible and may be spurring the latest jump in cases.

Consumer credit outstanding
Credit is cheap, credit is easy. But it’s even easier to get a margin loan.

Bloomberg reports on the matter
The report cites people familiar with the Moderna approval process, in saying that the UK is reviewing the vaccine on an accelerated timetable and are poised to authorise it for emergency use as soon as Friday.

The market is keeping a calmer mood for the most part
EUR/USD to one-week lows
USD/JPY also eased a little after as the upside momentum stalls ahead of key technical levels.

Latest data released by Eurostat – 8 January 2021
The figure disregards people who are registered as unemployed but are no longer looking for work or aren’t available for work, so there’s that to consider alongside the furlough programs that are masking actual labour market conditions.

Nippon TV reports with the national figure
That will top the record from yesterday of 7,568 daily cases as the virus situation in Japan continues to take a turn for the worse since the new year. The prevailing conditions mark a slippery slope for Japan and if things do get worse, it could very well start