Better prospects for RBNZ. 
Last night’s CPI data for : 
New Zealand confirms a brightening picture for NZD
Bond yield spread between the 10y’s is falling (favouring AUDNZD selling- orange line on chart)

10 year yields higher 
Although the NZD is pressured today on the risk off tones. The NZ 10 year bond yields spiked higher on the .  
better than expected CPI data out last night

Comments by UK prime minister, Boris Johnson

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.

It is going to be more about staying on the sidelines for Lagarde & co.
After the , the ECB is going to adopt a more ‚wait and see‘ approach in the coming months as they await more key developments to play out before signaling any interest to change their policy stance later in the year.

Comments by German chancellor, Angela Merkel
An update to the latest view of the situation by the German government, which still suggests that lockdown measures may still be needed beyond the middle of February.

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.

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

GBP/USD touches its highest levels since May 2018
The pound is the standout performer on the session as cable climbs to a high of 1.3718 on the day, its highest levels since May 2018. The move here comes as the pound strengthens amid a breakdown in key technical support in EUR/GBP .

A statement released on Biden’s plan of actions ahead of his inauguration later in the day
In total, he will be signing 15 executive actions after the inauguration today but the above are among the notable ones laid out by the statement. Most of that has already been made known with the Keystone XL one having