Fed Chair nominee Warsh does not have a confirmed hearing scheduled in the Senate Banking Committee, Semafor reports citing sources

The absence of a confirmed hearing for Fed Chair nominee Warsh suggests potential delays in the confirmation process, which could create uncertainty around Fed leadership moving forward.

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Chinese commercial banks purchased a net USD 42.8bln of FX in Feb (vs USD 79.8bln in Jan), according to the Chinese FX regulator

[MARKET ANALYSIS] A relatively contained start for fixed into a packed week

Fed Chair nominee Warsh does not have a confirmed hearing scheduled in the Senate Banking Committee, Semafor reports citing sources

The AI boom is pushing one of America's most venerable environmental groups to cautiously support nuclear power after decades of resistance, Axios reports

Swiss Sight Deposits (w/e 13th Mar), CHF: Domestic 433.5bln (prev. 428.8bln), Total 454.4bln (prev. 454.07bln)

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This development may weigh on market sentiment towards the USD, as investors seek clarity on monetary policy direction in an already uncertain environment. Watch for implications on rates and risk sentiment depending on how prolonged the confirmation process becomes.

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