Finance World

Global markets, led by emerging market bonds and stocks, advanced alongside US stocks where a robust earning season has so far helped offset the negative impacts of a prolonged government shutdown and global growth worries. Given what is on the plate next week one can argue that we are now moving from the starter to the main course in terms important market moving events. Among the most important we find:

With turmoil on every side, gold has re-emerged as a preferred safe haven with further upside. Meanwhile, prospects for a further recovery in oil seem limited by signs of slowing global growth.

SWIFT has today published a standard for ‘Pay Later’ APIs in a key step toward enabling the rapid adoption of an innovative new consumer payment model.

The strong beginning to 2019 across financial markets and commodities has extended into its third week. Dovish comments from the US Federal Open Market Commission, rate and tax cut announcements from China, and raised expectations of a breakthrough in the trade talks between the two have all helped fire up the markets so far this month.

The early January recovery across key commodities extended into a second week with the Bloomberg Commodity index rallying by more than 4% since touching a near three-year low on the first trading day of year.