US Export Prices MoM (Dec) M/M 0.3% vs. Exp. 0.1% (Low. -0.2%, High. 0.4%)
The US export prices coming in at 0.3% month-on-month, beating expectations of 0.1%, signals stronger-than-anticipated demand or cost increases in exports.
Marriott (MAR) exec. says higher-end consumers remain resilient and continue to prioritise spending on experience and travel over goods
Bank of America (BAC) CEO feels good about markets and IB
US Export Prices MoM (Dec) M/M 0.3% vs. Exp. 0.1% (Low. -0.2%, High. 0.4%)
Spotify (SPOT) CFO says that the Co. does not give FY forecast for gross margin and operating margin, but they do expect both to improve
Around nine borrowers are considering US investment-grade bond sales Tuesday, according to Bloomberg citing an informal survey of underwriters
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This could indicate upward pressure on inflation, affecting Fed policy considerations and the broader growth-inflation narrative. Traders should watch for potential shifts in market sentiment towards risk assets as these figures filter through.
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