UK Stock-Market
- The UK government extended restrictions to more areas of the UK as coronavirus numbers continue to surge higher but the stock-market ended the holiday shortened week just a little lower. Investors were encouraged that a trade agreement had finally been agreed between the UK and EU and by the approval of a fiscal stimulus package in the US.
- The NHS is coming under severe strain with the UK registering its largest daily increase in Covid-19 cases over the weekend and further restrictions are expected.
- Both our Breadth indicator and Momentum Indicator stayed positive this week.
US Stock-Market
- The US stock-market was higher this week, beginning the week on a strong note with optimism over the rollout of coronavirus vaccines and the sign-off on a $900 billion fiscal stimulus package over the previous weekend by President Trump.
- Both our Breadth indicator and Momentum Indicator stayed positive this week.
The Big Picture 1st January 2021
Market Sentiment 1st January 2021
U.S. Risk Barometer 1st January 2021
Europe Risk Barometer 1st January 2021
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