- On Friday, US futures held steady as investors shifted their focus away from fears about Fed tightening and onto the earnings season. Treasury rates climbed, but the dollar remained unchanged.
- The S&P 500 and Dow Jones industrial average rose slightly, but the Nasdaq 100 futures remained unchanged after the benchmark sank to its lowest level since October.
- After a wave of Fed officials said they'll fight inflation forcefully, technology companies, which are considered as the most susceptible to higher rates, led drops in Europe and Asia.
- In the coming weeks, investors will be focusing on profits to gauge firms' performance in the face of rising inflation, pandemic limitations, and backlogs.
- EU Commission VP Šefčovič has told his teams to ramp up the Brexit discussions.
- German Economy Ministry: Fourth-quarter growth will be subdued due to production challenges and supply constraints.
- China and the United States have agreed to release crude oil stockpiles around the Lunar New Year - Sources
- China anticipates more uncertain and volatile trade factors in 2022.
