President Donald Trump will participate in a Black History Month event at 14:00 ET 19:00 GMT, before participating in what the White House calls ‘signing time’ at 16:00 ET 21:00 GMT and a policy meeting at 16:30 ET 21:30 GMT. Press Secretary Karoline Leavitt will brief reporters at 13:00 ET 18:00 GMT.
Trump will deliver remarks on the economy and affordability in Georgia tomorrow.
The US carried out three more lethal strikes on alleged drug boats in the Eastern Pacific and Caribbean.
Energy Secretary Chris Wright warned the US could withdraw from the International Energy Agency unless the organisation scales back climate advocacy.
Japan plans to invest USD$36 billion in energy and critical minerals projects in Texas, Ohio, and Georgia, as part of the US-Japan trade agreement.
Iranian and US officials touted progress after a second round of indirect nuclear talks in Geneva, but there is little to suggest either side is prepared to compromise on 'red lines' as tensions increase.
Senate Democrats plan to force a vote on a resolution terminating Trump’s tariffs on Canada when Congress returns next week.
There is no sign of progress on a Ukraine peace deal after a second day of trilateral talks wrapped up after two hours this morning.
A White House official dismissed Democrats' latest offer to end the DHS shutdown.
Poll of the Day:Democrats have a 7-point lead over Republicans in the generic Congressional ballot.
Tesoro Publico will look to sell E2.5-3.5bln of the following letras tomorrow (Tuesday 20 January):
the 3-month Apr 10, 2026 letras
the 9-month Oct 9, 2026 letras
OUTLOOK: Price Signal Summary - Bull Cycle In Gilts Remains Intact
Jan-19 12:34
In the FI space, Bund futures traded higher last week, resulting in a breach of resistance at 128.29 the 50-day EMA. Short-term gains are considered corrective, however, the move above the EMA suggests scope for an extension near-term, towards 128.89, the 61.8% retracement of the Nov 26 - Dec 22 bear leg. Key short-term support to watch lies at 127.70, the Jan 9 low. A break of this level would highlight a potential reversal.
A bull cycle in Gilt futures remains intact and last Wednesday’s gains reinforce current conditions. The contract has recently cleared resistance at 91.93, the Nov 27 high. This strengthens a S/T bullish condition and paves the way for a climb towards 93.06 next, a 1.382 projection of the Nov 19 - 27 - Dec 16 price swing. Initial support is seen at 91.99, the Jan 9 low. Support at the 20-day EMA lies at 91.82. A break of the average would signal a possible reversal.