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America s Roundup: Dollar up from 2018 lows on economic hopes, Wall Street ends higher, Gold slips, Oil hits 11-month highs on Saudi cuts, shrugs off U S turmoil-January 8th,2021

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

German IFO survey improves despite lockdown measures; Crunch time for any Brexit trade deal as time is running out

- - Synairgen [SNG.UK] +23% (trial update) - Speakers - EU chief negotiator Barnier stated in EU Parliament that the moment of truth for Brexit was here; possibility of a deal remained but time was short and obstacles for an agreement remained large. Had to be prepared for all scenarios - - - BOJ Gov Kuroda post rate decision press conference reiterated stance that downward pressure on prices will last for a while; no plan to change 2% inflation target and did not see risk of economy falling back into deflation again. Reiterated view that CPI to remain below 0% for time being. Aimed for more effective and sustainable policy to hit inflation target of 2%. To examine Yield Control (YCC) and asset purchases at March policy meeting but would assess various steps assess various steps such as asset purchases and YCC. Not planning to review negative rates or plan to change overshooting commitment . Planned assessment does not mean seeking exit from stimulus

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