Daily thread to exchange ideas and to share your thoughts
Good day, everyone! Hope you're all doing well as we get things going here on the session. It's been a lively start to the day once again as the yen gains on global growth worries with bond yields globally continuing to tumble. Meanwhile, the aussie and kiwi are retracing overnight losses with US-China trade talks resuming in Beijing today and continuing tomorrow.
The pound remains volatile as it continues to be driven around by Brexit headlines. The latest being that there was no majority option in indicative votes yesterday and Theresa May laying out her resignation path in hopes to get her deal across the finish line - which still isn't quite working just yet.
Plenty of focus will remain on risk sentiment in markets and also on Brexit as we will also have US Q4 GDP data (third reading) to come later today and German inflation data up before that in the European morning.
What are your views on the market right now? Share your thoughts/ideas with the ForexLive community here.