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Today's Market Fundamentals
It has been a long time since I’ve seen a market wait on something like we are for the US-China trade talks this week, it resumes in Washington on Thursday, the two countries seem to have an amicable relationship and the US equities are definitely pricing in a favourable outcome. Speaking of President Trump, he was at his cryptic best yesterday by commenting that, “he wanted a peaceful resolution with Venezuela, but that all options were still open.”
Over in the EU, we have yet another meeting between the UK and EU with new proposals being tabled to the common area. It is thought that these proposals should be enough to get the Brexit Agreement done.
I wouldn’t bet on it though.
Today's Market Trading Levels
- Gold SELL 1344 – 1348
- Brent SELL 66.80 – 67.00
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