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Daily Markets Broadcast 2019-12-16

Daily Markets Broadcast

2019-12-16

Wall Street pauses near highs

US indices hit record highs on Friday after it was announced that the Phase 1 US-China trade deal had been agreed by US President Trump. A lack of details on the agreement saw indices fall back into the close and today’s open has been muted. UK markets cheered the Conservative Party’s convincing win in the election as some of the future Brexit clouds dissipated. Markit’s December flash PMIs from around the globe are due today.

 

US30USD Daily Chart

[1]

Source: OANDA fxTrade

 

DE30EUR Daily Chart

[2]

Source: OANDA fxTrade

 

UK100GBP Daily Chart

[3]

Source: OANDA fxTrade

 

 

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Andrew Robinson

Andrew Robinson [6]

Senior Market Analyst at MarketPulse [7]
A seasoned professional with more than 30 years’ experience in foreign exchange, interest rates and commodities, Andrew Robinson is a senior market analyst with OANDA, responsible for providing timely and relevant market commentary and live market analysis throughout the Asia-Pacific region. Having previously worked in Europe, since moving to Singapore he worked with several leading institutions including Bloomberg, Saxo Capital Markets and Informa Global Markets, proving FX strategies based on a combination of technical and fundamental analysis as well as market flow information. Andrew began his career as an FX dealer with NatWest and the Royal Bank of Scotland in the UK.
Andrew Robinson

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