Trading Analysis for Friday 8th December 2017
My FTSE100 trade closes at breakeven.
UK PM Teresa May gets Brexit Phase 1 over the line and off we go to Phase 2 – Trade Talks.
Yesterday, the USD and global equities were up. The JPY weakens and the US 10 Year yield is flat. The US Congress agrees a funding stopgap to keep the government funded until the 22nd December. I’d say we were risk on. On the currency markets, the GBP index moves up slightly this morning on the Brexit news, but without great exuberance.
We end the week with the US Non-Farm Payroll and in the UK we have Manufacturing Production.
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