Yesterday we had a fairly quiet day on the market with no significant news that moved the market. Biden’s “American Rescue” plan was countered in parliament yesterday with the ball still very much in the democrat’s court when it comes to overriding the decision to push through his suggested plan, it will be an interesting decision given that it's his first significant bill to see if he will compromise or push through his vision.
Australia also had its Monetary Statements this morning, keeping rates unchanged at 0.1% but deciding to increase its asset purchasing.
On the local front President Ramaphosa addressed the nation to ease the lock down restrictions which came as a relief to the nation.
Lastly, we have Unemployment figures coming out of New Zealand the later part of the night to keep an eye on if you have open NZD pairs.