Jan Philly Fed survey at 15.2 from 22.5, Leading Indicators +1.1 vs. exp 0.7% from +0.9%. Stronger than expected earnings from GS ($8.20/share) fail to fuel back US equities back into the green. USDCAD remains supported at 1.0440 before an expected retest of 1.0520, while CADJPY remains capped at 87.70. USDJPY requires a break above 91.90 in order for the recent upleg to be preserved. EIA oil Inventory data due at 16:00 GMT instead of 15:30 due to late release following MLK holiday. Crude oil inventories exo at +2.2 mln from 3.7 mln.
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