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In recent sessions, four Fed Presidents advised moderation and caution in the central bank’s rate policy this year. In addition to this, the meeting minutes from the Fed’s December meeting also struck a dovish tone.
Global Markets: Asian Stock Markets : Nikkei up 1.06%, Shanghai Composite up 0.74%, Hang Seng up 2.24%, ASX up 0.98% Commodities : Gold at $1283.50 (-0.19%), Silver at $15.66 (-0.37%), Brent Oil at $59.37 (+1.11%), WTI Oil at $50.38 (+1.21%) Rates : US 10-year yield at 2.719, UK 10-year yield at 1.271, Germany 10-year yield … Continue reading Wednesday 9th January: Asian markets positive on US-China trade talks optimism
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 .
Asian stock markets are mixed on Tuesday with investors treading cautiously as they awaited the outcome of the high-level U.S.-China trade talks currently underway in Beijing.
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.
