The Week Ahead: infinityhedge
HIGH VOLATILITY THIN LIQUIDITY
Mon:
* Japanese Finance Minister said she will communicate with financial markets if needed to maintain stability in the USDJPY movement
* Saylor expected announce another BTC purchase
* Fed’s Waller speaks
Tue:
* Fed’s Hammack & Logan speaks
* 2nd meeting btw crypto and banks to discuss stablecoin yield concerns
* LayerZero announced
* Robinhood earning
Wed:
* SEC Chairman Paul Atkins will testify at a hearing of the U.S. House Committee on Financial Services at 10AM
* Netanyahu to discuss Iran with Trump at White House
* U.S. NFP; BE estimate the BLS benchmark revision will lower the level for March 2025 by about 650K jobs — somewhat less pessimistic than the consensus. Jan’s jobs print may surprise on the low side, as the BLS’s modifies its ‘birth and death’ model to account for recent hiring weakness
Thu: Coinbase earning
Fri: U.S. CPI
Whole Week: DeepSeek-R2 just before the Lunar New Year?; Consensus Hong Kong event; Fed-Treasury; USDJPY; Trump-Iran;
ICYMI:
* Japan’s Takaichi forges Japan’s Biggest Post-War Election Victory. Expectations of a stable, pro-stimulus admin point to a risk-on start to the week — stronger equities, higher bond yields & a weaker yen. baseline scenario is that there will be greater pressure on the BOJ to avoid swift tightening.
* Warsh Call for Fed-Treasury Accord Stirs Debate in $30 Trillion Bond Market
* A renewed decline in S&P 500 could trigger about $33B of selling this week, acc. to GS. S&P top-of-book liquidity has deteriorated sharply, falling to about $4.1M from a YTD avg of $13.7M. Feb has historically been a weaker and choppier month for both the S&P 500 & Nasdaq 100
infinityhedge.substack.com/p/t...
