ForexLive European FX news wrap: Currencies muted awaiting US jobless claims, Trump ...Middle East

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ForexLive European FX news wrap: Currencies muted awaiting US jobless claims, Trump

Headlines:

Heads up: Trump set to address world leaders in Davos later todayWeekly update on interest rate expectationsECB's Escriva: We still have restrictive policyFrance January business confidence 95 vs 94 priorUK January CBI trends total orders -34 vs -35 expectedChina says willing to work with US to promote stable development of trade ties

Markets:

    USD leads, AUD lags on the dayEuropean equities higher; S&P 500 futures down 0.2%US 10-year yields up 4.5 bps to 4.643%Gold down 0.3% to $2,747.19WTI crude up 0.4% $75.69Bitcoin down 2.2% to $101,773

    In the equities space, European stocks are holding their ground but US futures are lower after yesterday's gains. Tech shares are the ones leading the declines today with S&P 500 futures lower by 0.2% and Nasdaq futures lower by 0.5%. Dow futures are flat though at the moment.

    It's all still to play for in trading today with US weekly jobless claims coming up before the focus turns back towards Trump as he is set to address world leaders via a virtual feed in Davos.

    This article was written by Justin Low at www.forexlive.com.

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