The market will have plenty of things to be concerned about, let's take a look at them.
One of the most interesting things on this week will be hopes on any extension or deal about the Brexit, where the Parliament to vote for on the 29th January. It is expected for the Pound to be particularly sensitive to chatter from Parliament.
If we come to a situation where there is no talk regarding an extension, with Plan B looking like Plan A, then the Pound would go into a rough ride, with more talks being their only savior, especially if it is about a second referendum, this way, the Pound could turn positive.
Regarding U.S and China trade confrontations, there are positive updates that could come to an end; this could be seen on last week’s reports. Now there may be more progress in the week ahead, providing support for risk appetite.
The markets will surely need something more concrete than the odd statement from the U.S administration that has been known to issue contradictory messages.
At last, there’s the U.S Government Shutdown, which we well know that it has been the most extended government shutdown in U.S history, it is now starting to take its toll on the economy, bringing the USD on danger if there’s no resolution in sight.
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