There’s no shortage of risk events in the coming days: tech earnings, the Fed’s January FOMC decision, nonfarm payrolls and the US Treasury’s quarterly refunding announcement, and that’s just the US calendar. There’s also the Bank of England interest rate decision along with inflation reports from the euro area and Australia. While all carry the potential to generate short-term volatility once released, it’s debatable whether any – including the Fed announcement – will inflict meaningful damage to the soft-landing narrative markets have been running with since the December quarter last year. To do that, it will ... (full story)