Really Really Busy Week Ahead

The United States government is officially re-open for business. 

In an astonishing turn of events on Friday, 35 days into the shutdown, President Trump announced his decision to open the government for three weeks. Most surprisingly was that the plan did not include any arrangements for a southern border wall.

The air in the markets is far less than celebratory though as the next shutdown already seems to be penciled in for February 15th.

Traditional Markets

After more than a month of shutdown, it might take a few days to get the government working properly again. What's more, the feeling that this re-opening is only temporary, means that by the time the government is done playing catch up, they might only have a few days to prepare for the next one.

The countdown timer in the highlights section above is ticking, let's hope a deal is reached to keep the Government open before it gets to zero.

Markets aren't exactly panicking but there is a fairly distinct risk-off sentiment. Here we can see global indices declining this morning, along with crude oil. Gold has finally popped above $1,300 and the USDJPY is testing support at 109.25.

Really Really Busy Week

Trade talks between the US and China continue this week. As well, investors are already looking forward to the Fed's rate decision on Wednesday and the non-farm payrolls report on Friday.

As well, more votes will be held in the UK Parliament that could shape the way Brexit plays out.  

Before that though, we have speeches today from the heads of both the European Central Bank and the Bank of England. 

On top of all that, we have scores of companies delivering their quarterly earnings reports including Apple, Microsoft, Facebook, Amazon, and many more.

This is gonna be a really incredibly busy week.

Crypto Industry Growing

Crypto prices once again dipped down this morning. Bitcoin has now entered the all too familiar support zone between $3,000 and $3,500.

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Please note: All data, figures & graphs are valid as of January 28th. All trading carries risk. Only risk capital you can afford to lose.

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