According to analysts at Danske Bank, there are no significant economic releases today, so focus will be on political events, and most notably the signals from the US and Chinese sides in the ongoing trade talks ahead of the end-February deadline.
Key Quotes
“The trade talks are set to continue in Washington this week. Also in focus will be the political fall-out from Trump’s decision to declare national emergency in order to find funding for his border wall to Mexico.”
“Note that it is the President’s Day holiday in the US today and hence US markets will be closed.”
“Brexit negotiations between the UK and EU will continue to attract headlines as we approach end-February, where a new House of Commons vote is set to take place.”
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