OK. That is not gonna work at all.

The next couple of weeks will be a bit light in the markets, with many participants taking a break. Trading will be thinned out. Markets are open though, so there may be some movement if you are still trading.

On the data agenda today in the timezone we’ll get Australian private sector credit for November and also Singapore inflation data. Japanese data is light also, the All Industry Activity Index for October is due later in the afternoon.

via Reuters.

Nothing further at this stage.

Such a comment should be a positive input for risk currencies come Monday, but of course one has to view President Trump’s comments with a degree of caution. He can be, and is quite often, economical with the truth, incorrect, talking his book, uncertain of the facts, playing for applause. Or all of those. Still, on the face of it, saying phase one of the trade deal will be signed very shortly is a positive.

I posted last week about the CFA Franc, a currency backed by France and pegged to the euro, used in 8 west African countries and 6 in central Africa.

On Saturday Ivorian President Alassane Ouattara and Macron jointly announced a new version will be launched in 2020. Further details yet to come, but it will be known as the as the Eco

AFP news agency is tweeting that according to state news agency Xinhua, China’s Xi told Pres. Trump that US interference is harming Chinese interests.

Expect the sparring to continue, although according to US officials the agreement and translation of the Phase one have alll been approved and all that is left is the signing which will take place in January.