Last Thursday the FED, Chairman Jerome Powell stated that he is "very worried" regarding the growing U.S. deficit. He stated that this obstacle is not recent and that they need to fix it eventually. “It’s a long-run issue that we definitely need to face, and ultimately, will have no choice but to face," he said. On the same day stocks improved, but gains were capped and the reason for that is the fact that anxieties that the U.S. government shutdown may last longer than expected pressed on stocks. The Nasdaq Composite advanced 0.4% to 6,986.05. The S&P 500 rose 0.4% to 2,596.63 registering five-day winning streak.
Theresa May’s Brexit deal vote in focus
Weekly Report - 14/01/2019