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United States Redbook Index (YoY): 6.7% (January 30) vs previous 7.1%

USD: Positive outlook amid strong data – Deutsche Bank

Deutsche Bank's Macro Strategy report highlights a positive outlook for the Dollar following strong economic data. The report notes that the ISM manufacturing index unexpectedly surged, contributing to rising optimism for 2026.
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GBP: Spreads richen across curve – TD Securities

TD Securities Senior European & UK Rates Strategist Pooja Kumra reports that GBP spreads are continuing to richen across the curve, particularly in the belly, with 5-year spreads increasing by nearly 10bps since the start of the year.
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