- Existing Home Sales will be released at 15:00
- US stock market and bond market closed for Martin Luther King Day yesterday
- Oil prices fell more than 1 percent on Tuesday on signs that an economic slowdown in China was spreading, stoking concerns about global growth and fuel demand. The gloomy news from the world’s second-largest economy and top importer of oil pulled down financial markets across Asia. International Brent oil futures were at $61.94 per barrel at 0950 GMT, down 80 cents or 1.28 percent. U.S. West Texas Intermediate (WTI) crude futures were at $53.16 per barrel, down 1.19 percent or 64 cents.
- GBPUSD has broken convincingly above 1.29 this morning as we get information that the UK now has a a record number of people in work of about 32.5m people, we are still waiting for some debate on the brexit plan B but nothing significant is expected. a break above 1.30 is very unlikely. Right now the labour party is proposing a second refferendum and theresa may is denying a no deal brexit is possible.
- As part of the European Union’s overhaul of its copyright rules, Brussels could force online giants Facebook and Google to closely police contents uploaded to their platforms. The reform, which was first proposed in September 2016, could eventually lead to a ban on memes, a typically humorous video or photo shares on social media. Online platforms fear they could be forced to install so-called upload filters in order to comply with the draconian changes to Brussels policy, which could also act as a crackdown on news websites.
Australia & New Zealand
- No News