Fed Chairman Powell Sees Flexibility on Rates This Year – Stocks rally after chairman says central bank isn’t on a fixed path to push benchmark rate higher;
ATLANTA—Federal Reserve officials on Friday laid the groundwork to take a break from raising short-term interest rates in coming months, propelling stock prices already cheered by a stronger-than-expected December jobs report. – Wall Street.
Trump says China woes help U.S. in trade talks, downplays Apple warning
President Donald Trump on Friday downplayed a revenue warning from Apple Inc that cited slowing sales in China and said China’s weakening economic growth puts the United States in a strong position as negotiators from the world’s two largest economies prepare for trade talks next week. Read More @ https://www.reuters.com/article/us-usa-trade-china/trump-says-china-woes-help-u-s-in-trade-talks-downplays-apple-warning-idUSKCN1OY062?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29
WHAT ARE THE TECHNICAL CHARTS SAYING?
China house price gains no longer a certainty: central bank adviser – MORE risk ahead.
A rising trend in property values in China is no longer a certainty as “unprecedented” state housing price controls come into effect, state media quoted a central bank adviser as saying on Saturday. China’s housing authorities have pledged to stabilize land and home prices in 2019 and ramp up the supply of rental housing to tackle home-affordability issues, state television reported in December. Read More @ https://www.reuters.com/article/us-china-property/china-house-price-gains-no-longer-a-certainty-central-bank-adviser-idUSKCN1OZ06Y
Be cautious this week as the market will continue to swing; always have good money management in place.
High Risk Investment Warning:
Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary.