{"id":1820,"date":"2020-12-24T11:54:26","date_gmt":"2020-12-24T14:54:26","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=1820"},"modified":"2020-12-24T12:29:41","modified_gmt":"2020-12-24T15:29:41","slug":"no-brexmas-deal-just","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/","title":{"rendered":"No Brexmas deal just\u2026"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1820\" class=\"elementor elementor-1820\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-148991f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"148991f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a9f5a07\" data-id=\"a9f5a07\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-94c5165 elementor-widget elementor-widget-text-editor\" data-id=\"94c5165\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><strong>Market Update<\/strong><\/p><p>Aside from the fact that we are still waiting for confirmation that the EU and UK have been able to agree a deal on their future trading relationship, and that US President Trump is still seemingly opposed to the Congress\u2019s recently passed $900B fiscal aid package in its current form, things are much more-quiet. Indeed, European markets are either already closed for Christmas Eve or closing at 1230GMT. US and Canadian markets also see an early close (at 1800GMT).<\/p><p>In terms of a quick market snapshot then; risk appetite is mixed but with a slightly positive feel to it. <a href=\"https:\/\/bit.ly\/3aAQFuu\" target=\"_blank\" rel=\"noopener\">US index<\/a> futures are trading with marginal gains (<a href=\"https:\/\/bit.ly\/3mx6EMD\" target=\"_blank\" rel=\"noopener\">S&amp;P 500<\/a> future up 0.2%), while the European bourses that are actually trading are pretty much flat (<a href=\"https:\/\/bit.ly\/3ra7ySw\" target=\"_blank\" rel=\"noopener\">FTSE 100<\/a> unch., <a href=\"https:\/\/bit.ly\/3r2eh13\" target=\"_blank\" rel=\"noopener\">CAC 40<\/a> unch. and <a href=\"https:\/\/bit.ly\/38xisZZ\" target=\"_blank\" rel=\"noopener\">IBEX 35<\/a> +0.3%). Meanwhile, US bond yields are a tad lower (nominal <a href=\"https:\/\/bit.ly\/3mBrxpW\" target=\"_blank\" rel=\"noopener\">US 10-year yields<\/a> down 1.2bps to 0.943%, while 10-year TIPS yields are down to about -1.04%), <a href=\"https:\/\/bit.ly\/2KsvkJ3\" target=\"_blank\" rel=\"noopener\">crude oil<\/a> is a little lower (WTI has slipped back below $48.00\/bbl) and precious metals are broadly higher (spot <a href=\"http:\/\/bit.ly\/2ZsFzPL\" target=\"_blank\" rel=\"noopener\">gold<\/a> up 0.2% in the $1870s and spot<a href=\"http:\/\/bit.ly\/319C7df\" target=\"_blank\" rel=\"noopener\"> silver<\/a> up 0.7% in the $25.70s) amid soft USD conditions; the <a href=\"https:\/\/bit.ly\/37m9dMU\" target=\"_blank\" rel=\"noopener\">DXY<\/a> slumped back to yesterday\u2019s lows in the 90.10s and is about 0.2% lower on the day, but remains supported above the psychological 90.00 level for now.<\/p><p>Global coronavirus news has been mixed; the German daily death count remains alarmingly high at 802 yesterday (following 962 the day before), US daily deaths are above 3K and the rate at which new cases are being reported in the UK continues to hit fresh all-time highs. Moreover, news out of Malaysia and Singapore suggests the two countries have begun to uncover the new UK-variant. However, Moderna, whose vaccine has already been approved in the US, are confident it will work against the new strains discovered in the UK and South Africa. Moreover, over 1M US citizens have already been vaccinated and over half a million Brits have already been vaccinated, a testament to the speed with which mass vaccination programmes have gotten underway.<\/p><p><strong>GBP and Brexit<\/strong><\/p><p>As markets wait for an announcement on Brexit with abated breath, GBP is again the outperforming G10 currency; <a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\" rel=\"noopener\">GBPUSD<\/a> currently trades just under the 1.3600 level up nearly 0.8%, while <a href=\"http:\/\/bit.ly\/2Lg9zs6\" target=\"_blank\" rel=\"noopener\">EURGBP<\/a> has broken below 0.9000 and into the 0.8970s down roughly 0.6%.<\/p><p>The Irish Foreign Minister this morning said that there had been a last-minute hitch in the talks, but that was to be expected. Separate sources suggest that negotiations on fishing quotas continue and a BBC reported just tweeted that there could be a few more hours of talking left to do. But markets now overwhelmingly expect a deal to be announced, as can be seen in lofty GBP gains already this morning and in the betting odds (implied odds that a deal will be reached prior to the end of the year are above 97% on the markets betting exchange).<\/p><p>In terms of the passage of any deal into law on both sides of the English Channel; a Senior UK parliamentary source speaking to Sky News said that the 30<sup>th<\/sup> of December (next Wednesday) is the most likely date for the UK Parliament to meet and approve any Brexit deal. Meanwhile, as reported yesterday, EU leaders are primed to give any trade deal preliminary approval ahead of confirmation in the EU parliament in 2021.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5719fda elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5719fda\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cf40aa8\" data-id=\"cf40aa8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aca7246 elementor-widget elementor-widget-text-editor\" data-id=\"aca7246\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><strong>G10 Markets<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2bd7ff8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2bd7ff8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-35b015a\" data-id=\"35b015a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e62d8df elementor-widget elementor-widget-image\" data-id=\"e62d8df\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/joshua-hoehne-DD9b6yugFxc-unsplash-1.jpg\" title=\"joshua-hoehne-DD9b6yugFxc-unsplash (1)\" alt=\"joshua-hoehne-DD9b6yugFxc-unsplash (1)\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1112a8a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1112a8a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6d70d9d\" data-id=\"6d70d9d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8a187fe elementor-widget elementor-widget-text-editor\" data-id=\"8a187fe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Photo by Joshua Hoehne.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3db3db0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3db3db0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5a840b5\" data-id=\"5a840b5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dfa99d7 elementor-widget elementor-widget-text-editor\" data-id=\"dfa99d7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Aside from the aforementioned strength in sterling, there isn\u2019t too much to get excited about regarding FX markets this morning; G10 FX markets are positioned in a slightly risk on manner, with safe-haven currencies USD, JPY and CHF the laggards and AUD and NZD the best performers after GBP; the former up about 0.3% on the day versus the buck, the latter up about 0.2%. <a href=\"http:\/\/bit.ly\/2yFD0hu\" target=\"_blank\" rel=\"noopener\">AUDUSD<\/a> has managed to ease back above the 0.7600 level in recent trade, <a href=\"http:\/\/bit.ly\/2KflF5J\" target=\"_blank\" rel=\"noopener\">NZDUSD<\/a> has managed to grind back above 0.7100. Meanwhile, <a href=\"http:\/\/bit.ly\/2OJjKKR\" target=\"_blank\" rel=\"noopener\">USDJPY<\/a> was supported at 103.50 overnight and has moved up towards the 103.60s and <a href=\"http:\/\/bit.ly\/31pdEAU\" target=\"_blank\" rel=\"noopener\">USDCHF<\/a> has reversed higher to the 0.8890s from overnight lows around 0.8870.<\/p><p>Turning to EUR and CAD; both are middling performers, with the former up about 0.1% on the day vs the buck and the latter flat. <a href=\"http:\/\/bit.ly\/2YAQOVh\" target=\"_blank\" rel=\"noopener\">EURUSD<\/a> continues to pivot either side of the 1.2200 level and <a href=\"http:\/\/bit.ly\/334hUb4\" target=\"_blank\" rel=\"noopener\">USDCAD<\/a> is struggling to break below 1.2830 but capped by resistance around 1.2850.<\/p><p><strong>TRY and the CBRT<\/strong><\/p><p>Outside of the G10, TRY has seen significant strength in wake of a larger than expected hike from the CBRT; <a href=\"https:\/\/bit.ly\/3aFM4Y7\" target=\"_blank\" rel=\"noopener\">USDTRY<\/a> trades with losses of around 700 pips or 0.9%, the pair slumping to the mid-7.50s from the mid-7.60s after the CBRT hike the one-week repo rate to 17% from 15% (larger than the expected hike to 16.5%) and hiked the overnight lending rate to 18.5% from 16.5% (versus expectations for it to remain on hold). The bank promised further monetary tightening ahead to help dampen souring inflation; \u201cin the forthcoming period, tightness of the monetary policy stance will be decisively sustained until strong indicators point to a permanent fall in inflation in line with the targets and to price stability\u201d the bank said.<\/p><p><strong>Coming Up<\/strong><\/p><p>Canadian Building Permit figures for November will be released today (a 3% MoM rise expected), but aside from that there is nothing else of note on the calendar. Brexit and any updates regarding the currently blocked passage of US fiscal aid could of course still provoke volatility, most notably if there is a last-minute breakdown in discussions regarding the former.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Market Update Aside from the fact that we are still waiting for confirmation that the EU and UK have been able to agree a deal on their future trading relationship, and that US President Trump is still seemingly opposed to the Congress\u2019s recently passed $900B fiscal aid package in its current form, things are much [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1821,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8,5,6,9,2,13],"tags":[44,59,142,45,64,24,57,20,28,139,46,49,40,138,71,141,140,48],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>No Brexmas deal just\u2026 - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No Brexmas deal just\u2026\" \/>\n<meta property=\"og:description\" content=\"Market Update Aside from the fact that we are still waiting for confirmation that the EU and UK have been able to agree a deal on their future trading relationship, and that US President Trump is still seemingly opposed to the Congress\u2019s recently passed $900B fiscal aid package in its current form, things are much [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-24T14:54:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-24T15:29:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/GettyImages-1270800963.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"724\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Joel Frank\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Joel Frank\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/\"},\"author\":{\"name\":\"Joel Frank\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/ac77fbbe0e8ed23d3dce1372e3663b96\"},\"headline\":\"No Brexmas deal just\u2026\",\"datePublished\":\"2020-12-24T14:54:26+00:00\",\"dateModified\":\"2020-12-24T15:29:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/\"},\"wordCount\":901,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"Brexit\",\"CAC\",\"CBRT\",\"Covid-19\",\"Crude oil\",\"EURGBP\",\"FTSE100\",\"GBPUSD\",\"GOLD\",\"IBEX35\",\"S&amp;P500\",\"Silver\",\"US DOLLAR INDEX\",\"US index\",\"US Treasury\",\"USDTRY\",\"VACCINE\",\"WTI\"],\"articleSection\":[\"Economy\",\"Forex\",\"Index\",\"Insights\",\"Markets\",\"Stocks\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/\",\"url\":\"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/\",\"name\":\"No Brexmas deal just\u2026 - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2020-12-24T14:54:26+00:00\",\"dateModified\":\"2020-12-24T15:29:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"No Brexmas deal just\u2026\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/ac77fbbe0e8ed23d3dce1372e3663b96\",\"name\":\"Joel Frank\",\"description\":\"Joel Frank is an economics graduate from the University of Birmingham and has worked as a full-time financial market analyst, specialising in the coverage of how developments in the global economy impact financial asset classes such as FX, equities, bonds, and commodities. Joel also takes a keen interest in technical analysis.\",\"url\":\"https:\/\/youtrading.com\/en\/author\/joelfrank\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"No Brexmas deal just\u2026 - Youtrading UK","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/","og_locale":"en_GB","og_type":"article","og_title":"No Brexmas deal just\u2026","og_description":"Market Update Aside from the fact that we are still waiting for confirmation that the EU and UK have been able to agree a deal on their future trading relationship, and that US President Trump is still seemingly opposed to the Congress\u2019s recently passed $900B fiscal aid package in its current form, things are much [&hellip;]","og_url":"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/","og_site_name":"Youtrading UK","article_publisher":"https:\/\/www.facebook.com\/YouTradingEnglish\/","article_published_time":"2020-12-24T14:54:26+00:00","article_modified_time":"2020-12-24T15:29:41+00:00","og_image":[{"width":724,"height":483,"url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/GettyImages-1270800963.jpg","type":"image\/jpeg"}],"author":"Joel Frank","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Joel Frank","Estimated reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/#article","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/"},"author":{"name":"Joel Frank","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/ac77fbbe0e8ed23d3dce1372e3663b96"},"headline":"No Brexmas deal just\u2026","datePublished":"2020-12-24T14:54:26+00:00","dateModified":"2020-12-24T15:29:41+00:00","mainEntityOfPage":{"@id":"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/"},"wordCount":901,"commentCount":0,"publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"keywords":["Brexit","CAC","CBRT","Covid-19","Crude oil","EURGBP","FTSE100","GBPUSD","GOLD","IBEX35","S&amp;P500","Silver","US DOLLAR INDEX","US index","US Treasury","USDTRY","VACCINE","WTI"],"articleSection":["Economy","Forex","Index","Insights","Markets","Stocks"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/","url":"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/","name":"No Brexmas deal just\u2026 - Youtrading UK","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/#website"},"datePublished":"2020-12-24T14:54:26+00:00","dateModified":"2020-12-24T15:29:41+00:00","breadcrumb":{"@id":"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/youtrading.com\/en\/no-brexmas-deal-just\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/youtrading.com\/en\/"},{"@type":"ListItem","position":2,"name":"No Brexmas deal just\u2026"}]},{"@type":"WebSite","@id":"https:\/\/youtrading.com\/en\/#website","url":"https:\/\/youtrading.com\/en\/","name":"Youtrading UK","description":"Leaders in Trader Training","publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/youtrading.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/youtrading.com\/en\/#organization","name":"YouTrading","url":"https:\/\/youtrading.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","contentUrl":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","width":2531,"height":570,"caption":"YouTrading"},"image":{"@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/YouTradingEnglish\/","https:\/\/www.instagram.com\/youtrading_english\/","https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg"]},{"@type":"Person","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/ac77fbbe0e8ed23d3dce1372e3663b96","name":"Joel Frank","description":"Joel Frank is an economics graduate from the University of Birmingham and has worked as a full-time financial market analyst, specialising in the coverage of how developments in the global economy impact financial asset classes such as FX, equities, bonds, and commodities. Joel also takes a keen interest in technical analysis.","url":"https:\/\/youtrading.com\/en\/author\/joelfrank\/"}]}},"_links":{"self":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/1820"}],"collection":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/comments?post=1820"}],"version-history":[{"count":0,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/1820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media\/1821"}],"wp:attachment":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media?parent=1820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/categories?post=1820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/tags?post=1820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}