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A world of Trading assets

19/01/2021 Market Chat

Authored by TD Markets
19.01.2021
Market Commentary
0
1 min

Yesterday was Martin Luther King Day, and a quiet day on the market with the lack of liquidity due to the banking holiday. We’ve already seen that build up of liquidity come into the market with the Asian session as all American indices jumped in pricing after holding substantial support yesterday.

The Economic calendar is fairly quiet today with no real high impact news coming out, however the major focus for the week is tomorrow’s inauguration where the world will be waiting in anticipation as Biden comes into office and Trump will start making his way out.

With the major focus being on America and Biden on Wednesday, there are a lot of Monetary statements out of Canada, Japan, and Europe to keep a close eye on with likely interest rates and stimulus discussions in the air as the Covid pandemic continues to taunt the global economy

Authored by TD Markets
19.01.2021
Market Commentary
0
1 min
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