Overnight Markets: Asian stocks were mostly mixed earlier but closed lower. Japanese stocks were pressured for the most part by a stronger yen as we begin the new week but Chinese stocks have basically erased their gains in the past hour of trading to fall into negative territory. This comes as US equity futures are also taking a bit of a dive as we approach the morning session in Europe.
Overnight Data: 23:50 JPY Monetary Policy Meeting Minutes ‘appropriate to continue easing persistently’.
Headlines: Trump finally gave up the demand for the border wall temporarily on Friday. He agreed to a deal, without funding for the wall, that ended the 35 day historic government shut-down. The deal was then quickly passed by Senate and House without opposition. Now, the Congress will have up till 15th February to debate on border security.