Numbers across the segments of the markets are extremely mixed today as the Christmas haze is still looming over our heads. Greenback is flat is usual during this time of year which gives other currencies opportunities for growth.
Impact of the decisions of Donald Trump is super obvious at the moment. The partial shut-down of the American government and the possible firing of the Head of the Federal Reserve is all mirrored in the recent financial situation in the markets. We are now looking at the very sleepy greenback as the holidays approach us and an extremely mixed Asian market as investors are laying low to make up their minds.
Even though American-Chinese trade talks are in the cards at the moments, weakness of Chinese economy is still mirrored in the numbers and data coming out of the country. Will March fix al lot the holes from which Chinese economy suffers at the moment? All is possible.
With pound increasing after British PM was re-elected with the confidence vote, all of the markets all recovering after losses and mixed performances. To be honest, they are extending their recovery as it began yesterday and keeps on going today as well.
Positive outlook on the possible trade deal between China and United Sates obviously already has its influence on Asian and world markets as we see a clear addition to the major players right now. It is possible that trading is going to soar after the deal is signed in March after all.