GBPUSD: Here and in many other currency pairs the Average True Range (ATR) is decreasing..Chart/Levels from Analyst, Nicole Elliott – Investors Chronicle.

 

Putin upstages Trump’s trade deal Announces sweeping constitutional changes

Pomp and grand gestures in Washington as US President Trump and Chinese vice-premier Liu He and his entourage sign phase 1 of a trade deal which they have haggled over for months. Markets had priced it in and shrugged their shoulders. Over in Russia President Putin, after his state of the nation address, saw Prime Minister Dmitry Medvedev and his government resign. Some say this is to make way for sweeping constitutional changes altering significantly the balance of power between the Kremlin, legislative and judicial structures.

Data published in China this morning showed that in December new house prices in 70 major cities rose at an annualised rate of 6.6 per cent, down from 7.1 per cent the previous month, the slowest pace in 17 months and a lot lower than the 9.7 per cent gain a year ago.

 

Tags

, , , , , , , , , , ,

Related Posts

About the author

High profile, trusted, veteran Technical Analyst with over 25 years’ banking experience. Key expertise in all areas of Treasury, especially foreign exchange, derivatives, fixed income and commodities. Acknowledged for personal contribution to new developments in the industry. Well regarded by the media for provision of accurate forecasts, succinct copy and entertaining sound bites. Thrives in dealing room environments – excellent interpersonal skills and a strong communicator with extensive business contacts. Looking for suitable and interesting opportunities.