{"id":2867,"date":"2021-01-25T16:25:08","date_gmt":"2021-01-25T16:25:08","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=2867"},"modified":"2021-01-25T20:14:02","modified_gmt":"2021-01-25T20:14:02","slug":"afternoon-brief","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/afternoon-brief\/","title":{"rendered":"Afternoon Brief"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2867\" class=\"elementor elementor-2867\" 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-3e0f112 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3e0f112\" 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-88c23ec\" data-id=\"88c23ec\" 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-2894033 elementor-widget elementor-widget-text-editor\" data-id=\"2894033\" 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>The <a href=\"https:\/\/bit.ly\/37m9dMU\" target=\"_blank\" rel=\"noopener\">US dollar<\/a> currency notably gained ground against a broad basket of currencies on Monday as the market remains on-edge ahead of scheduled speech from the newly elected US President Joe Biden.<\/p><p>Bond market action has been fairly muted ahead of the President\u2019s speech. Traders were also cautious about placing bets ahead of incoming rate decision from the United States Federal Reserve.<\/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-65cf623 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"65cf623\" 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-c5bce27\" data-id=\"c5bce27\" 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-3be28f3 elementor-widget elementor-widget-image\" data-id=\"3be28f3\" 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\" width=\"602\" height=\"291\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/01\/USDIndMar21-4h-6.png\" class=\"attachment-large size-large wp-image-2871\" alt=\"\" \/>\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-d607275 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d607275\" 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-fb62ec9\" data-id=\"fb62ec9\" 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-19d6786 elementor-widget elementor-widget-text-editor\" data-id=\"19d6786\" 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>Chief medical advisor to the white house and National Institute of Allergy and Infectious Diseases director, Anthony Fauci, said that upgraded versions of vaccines will be needed for the new variants of COVID-19.<\/p><p>Fauci\u2019s words did little to sooth market sentiment during the US trading session. <a href=\"https:\/\/bit.ly\/3eUSCAy\" target=\"_blank\" rel=\"noopener\">Pfizer<\/a> noted that they are having manufacturing issues and the United States may soon run through its stockpiles.<\/p><p>Combining all these factors together with indecision on the bond market it seems that market may be in limbo until the FED decision later this week. The US economy also has some fairly huge economic data releases out this week which could move the needle for <a href=\"https:\/\/activtrader.activtrades.com\/account\/createaccount?setup=indeces\" target=\"_blank\" rel=\"noopener\">stocks<\/a>, currencies, and <a href=\"https:\/\/bit.ly\/3mBrxpW\" target=\"_blank\" rel=\"noopener\">bonds<\/a>.<\/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-afd4d60 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"afd4d60\" 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-6700414\" data-id=\"6700414\" 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-20c5bfd elementor-widget elementor-widget-image\" data-id=\"20c5bfd\" 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\" width=\"602\" height=\"291\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/01\/Usa500-1h-2.png\" class=\"attachment-large size-large wp-image-2872\" alt=\"\" \/>\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-d157ff7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d157ff7\" 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-6408777\" data-id=\"6408777\" 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-29087f3 elementor-widget elementor-widget-text-editor\" data-id=\"29087f3\" 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>Risk sentiment in Europe was notably weak due to the weak German IFO survey and reports that European leaders are not happy about the delay of vaccines from <a href=\"https:\/\/bit.ly\/2MTjGaT\" target=\"_blank\" rel=\"noopener\">AstraZeneca<\/a>. Merck also announced that they have shut down their COVID-19 vaccine program after lacklustre results.<\/p><p>The IFO institute gave a down beat assessment of the Germany economy, and the retail sector has collapsed and that German service providers are also taking a big hit due COVID-19. The euro currency and the German <a href=\"https:\/\/bit.ly\/2KrHPof\" target=\"_blank\" rel=\"noopener\">DAX<\/a> gave back their intraday gains following the soft IFO survey report.<\/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-0ea8cf8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0ea8cf8\" 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-2794cda\" data-id=\"2794cda\" 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-c14f83d elementor-widget elementor-widget-image\" data-id=\"c14f83d\" 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\" width=\"602\" height=\"289\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/01\/Ger30-1h.png\" class=\"attachment-large size-large wp-image-2873\" alt=\"\" \/>\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-08a0183 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"08a0183\" 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-5087200\" data-id=\"5087200\" 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-ab18c9e elementor-widget elementor-widget-text-editor\" data-id=\"ab18c9e\" 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>European Central Bank President Christine Lagarde gave a speech this morning from the \u201cvirtual\u201d Davos meeting. Lagarde did not go into monetary policy and went into more details about the central banks stance on climate change. Lagarde is also set to speak later today.<\/p><p>ECB member Lane did touch on monetary policy during a scheduled speech today and noted that if asset purchase flows do not exhaust the envelope and favourable financing conditions can be maintain, the full envelope need not be used.<\/p><p>The Chicago FED National Activity Index for the month of December came in at +0.52, which was better than the market had been expected. The market reaction was muted ahead this release.<\/p><p>Today\u2019s Manufacturing data from the US economy came in softer than expected. The Dallas FED Manufacturing came in as +7.0 instead of the +12.0 that most economists had been expecting.<\/p><p>Iraq announced earlier that they were going to pare <a href=\"https:\/\/bit.ly\/3p5uSPZ\" target=\"_blank\" rel=\"noopener\">oil<\/a> supply to get back in-line with other OPEC members. WTI oil failed to hold onto earlier gains as bearish COVID-19 and a reduction of risk sentiment weighed on the commodity sector.<\/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-9b164f6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9b164f6\" 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-71dadc1\" data-id=\"71dadc1\" 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-a1568e9 elementor-widget elementor-widget-image\" data-id=\"a1568e9\" 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\" width=\"602\" height=\"290\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/01\/GBPUSD-1H-3.png\" class=\"attachment-large size-large wp-image-2874\" alt=\"\" \/>\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-54659d0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"54659d0\" 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-bf4b165\" data-id=\"bf4b165\" 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-6575c71 elementor-widget elementor-widget-text-editor\" data-id=\"6575c71\" 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><a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\" rel=\"noopener\">Sterling<\/a> and the <a href=\"https:\/\/bit.ly\/3ra7ySw\" target=\"_blank\" rel=\"noopener\">FTSE100<\/a> had weak trading sessions as they awaited a scheduled speech from Bank of England Governor Bailey. News coming from the UK has been bearish over recent days, however, both sterling and the FTSE100 continue to fare well in the bigger scheme of things.<\/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>The US dollar currency notably gained ground against a broad basket of currencies on Monday as the market remains on-edge ahead of scheduled speech from the newly elected US President Joe Biden. Bond market action has been fairly muted ahead of the President\u2019s speech. Traders were also cautious about placing bets ahead of incoming rate [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2869,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,5,6,9,2],"tags":[197,56,105,229,45,64,14,54,42,57,20,107,172,82,40,48],"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>Afternoon Brief - 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\/afternoon-brief\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Afternoon Brief\" \/>\n<meta property=\"og:description\" content=\"The US dollar currency notably gained ground against a broad basket of currencies on Monday as the market remains on-edge ahead of scheduled speech from the newly elected US President Joe Biden. Bond market action has been fairly muted ahead of the President\u2019s speech. 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