The EU repeatedly stating that Brexit negotiations are not to be reopened, along with the UK government facing a defeat on the amendment to change the budget legislation .
Category: Featured
Tuesday 8th January: US-China trade talks resume – USD weakened for a third consecutive day.
The US and China resumed talks on trade Monday in Beijing, with President Trump expressing optimism about the outcome because of the damage being inflicted by US tariffs on China’s economy.
Monday 7th January: Weekly technical outlook and review.
Friday’s non-farm payrolls widely exceeded expectations, adding 312k jobs in December compared to the 179k consensus. Average hourly earnings rose 0.4% last month, beating expectations of 0.3%, while the US unemployment rate ticked higher to 3.9% from 3.7%.
Friday 4th January: US non-farm payrolls next on tap – remain vigilant.
In recent sessions, the British pound recouped all of its lost ground from the so-called ‘flash crash’ observed in early Asian hours Thursday that struck lows of 1.2373.
Thursday 3rd January: US ADP non-farm employment numbers eyed today.
Apple’s recent announcement concerning a dismal quarter – and with some shock results in China partly to blame – rattled the Australian dollar in Asia trade today.
