Opening Bell: Global Stocks, U.S. Futures Gain; Oil Slips. Yields, USD Recover
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📚 Daily Digest | Thursday, Jan 20, 2022 | |  | | Biden's Policy Drift, Netflix Earnings, German Price Shock - What's Moving Markets | |  | © Reuters. | Joe Biden admits that his economic reform agenda is stalled, but said he supports the Federal Reserve's intentions to get inflation down. He was less clear about what he intends to do if Russia invades Ukraine for the second time in eight years, a scenario that he admitted is likely. German producer prices rose by 5% in December and 24% on the year, but ECB President Christine Lagarde still believes that the inflation dynamic in the Eurozone isn't as threatening as in the U.S. China cut its one-year prime lending rate, and the U.S. government releases jobless claims and oil inventories data. Netflix (NASDAQ:NFLX) heads the roster of companies reporting earnings. Here's what you need to know in financial markets on Thursday, 20th January. | | |  | | | | |  | | | | | |
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