Quiet session awaiting May
- Brexit: UK PM's May's spokesperson on the wires
- GBPUSD finds support on 1hr Pivot and 200EMA
- Currency snapshot New Zealand dollar weakest, Euro strongest
- Mega Merkel marches to May
- EUR/USD update on 1 hr Chart
- GBPUSD sits on and now tests the 200 EMA on 1 hour chart
- SNB total sight deposits w.e. 18 January 576 bn CHF vs CHF 575.2bn prior
- Quick look at GBPUSD technicals ahead of May's Plan B
- Brexit Irish European Affairs minister on wires
- EURUSD held by 50 EMA on 1 hour chart
- German Foreign Minister Heiko Maas calls on London
- European Indices open, mostly down on the open.
- Wakey, wakey, Europe. Time for Brexit headlines
- ICYMI: US China trade dispute sticking over IP rights
- EURUSD rejects 50EMA on 1 hour chart
- Asian markets close up after Chinese data release
- Trade ideas thread - European session 21 January 2019
- Germany December PPI -0.4% vs +-0.1% m/m expected
- EURCAD chart in focus part 2 - Intraday version
- Jeremy Corbyn repeats: willing for cross party talks if no deal Brexit taken off table
- Nikkei unofficially closes +0.26%
- Chart in focus: EURCAD daily chart.
- Why Ireland may be the key to unlocking Brexit
Other Markets
- FTSE 100 +0.10%
- DAX down -0.40%
- Italian FTSE -0.64%
- Hang Seng +0.39%
- Nikkei +0.26%
- Oil -0.20%
- Gold -0.25%
It's been a quiet session with the US on holiday later too. The overnight Asian session took a swathe of China's data relatively unfazed with Asian equities ending broadly higher. However, UK equities started down and the DAX , CAC, Italian Ftse are all currently down. The UK FTSS is up marginally at 0.10%. Market quiet overall.
The EURUSD pair sold off during the session after testing the 50EMA. A continued weakening in the eurozone was confirmed with weak German PPI coming in at -0.4% vs +0.1% expected.
The New Zealand dollar was the weakest currency and JPY was the strongest agains the USD towards the end of the session. So, risk very much in the balance at the moment.
Theresa May is to release her Plan B later in the US session (which is on holiday), so we should be hearing from her around 1530GMT.
It's been a pleasure one and all and I will be with you again tomorrow, with Justin returning on Wednesday.
