Not much else happening at this point as the UK and EU are still finalising a Brexit trade agreement
No change to the narrative besides some last-minute hitch to fisheries, but that will surely be resolved one way or another as the political will is certainly there.

Comments by Irish foreign minister, Simon Coveney
For cable, any break on the official news later will need buyers to breach above the high last week of 1.3624 and hold that in order to solidify the upside momentum.

The timing on the UK, EU press conferences may slip by a couple of hours
What else is new, eh? Barnier and Frost are now reportedly still speaking on fisheries again with one final Johnson and von der Leyen call also expected some time this morning.

Understanding the best times to trade or when to be in the market
With the market being as volatile and hectic as it has been in 2020, I’ve gotten countless messages from friends and family members seeking advice on how to start „trading“ and how to get into the market to take advantage of the current

The anticipation continues to build
Johnson and von der Leyen are reportedly expected to have one final call at 0700 GMT – most likely to make sure that their messages match up – before we get the official press conference to announce that a trade deal has been struck at around 0800 GMT.

Latest data from the Mortgage Bankers Association for the week ending 18 December 2020
– +1.1%
Purchases activity were seen cooling off with refinancing being the one bolstering mortgage activity in the past week. The housing market continues to keep in a solid position throughout the virus crisis and is staying that way through to the

Reuters reports, citing EU sources on the matter
The two had spoken twice already earlier in the week but there hasn’t been any compromise yet on the fisheries front. There might be some political will to get something done before Christmas, however messed up an „agreement“ may be, but we’ll see.

Comments by Irish prime minister, Micheál Martin
– The gap is still wide on fisheries
– If there is a breakthrough tonight or tomorrow, EU officials would work on text on Christmas day
Both sides are still not pulling the plug (and I wouldn’t expect them to in all honesty) as we get closer to the transition period deadline

Gold is trading up by over 5% since the start of the month
Despite a bit of a pullback from $1,900 from earlier in the week, gold has had a stellar month so far and if the is anything to go by, January promises to be yet another solid month for gold buyers.

European equities keep slightly higher to start the day
No stimulus? No worries. At least that is what Europe is going with for the time being. The DAX is trading up by 0.7% while other European indices are posting a slight advance on the day, with S&P 500 futures also trading up by 0.2% currently.