16/01/2020

OMF Markets Daily Commentary Report

Written by omf-markets
Home Education Articles OMF Markets Daily Commentary Report

The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.

HEADLINES

* US / China Phase One Trade deal signed. Equity markets react
– Oil prices ease as market awaits trade deal tariff outcome and stocks build
– Gold prices rally

* Weaker than expected inflation data from US and UK released.

* US Federal Reserve’s Beige Book release at 8:00am

* Russia’s government resigns in full following announcement from Putin on proposed changes

* NZD nudges lower but with little conviction
– REINZ…

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