- January 13, 2019
- Posted by: Trading
- Category: News
The Australian Dollar has risen into the new year as hopes for détente between the US and China on trade have lifted risk appetite. This is likely to prove an unreliable source of support
The rally in crude oil prices, the best winning streak since 2012, is undermined by economic weakness in China and slowing growth in the US. They are the largest consumers of oil.
Parliament will vote down PM May’s Brexit bill on Tuesday evening opening the door to further mayhem. When will Sterling throw in the towel?
The US Dollar may trade broadly higher as a barrage of economic data prompts a deep rethink of the recent dovish shift in Fed monetary policy expectations.
Theresa May’s government will likely be the headline event of the week as it looks to pressure the FTSE 100. Meanwhile, US indices will enjoy a firmly dovish Federal Reserve.
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