So far in January, Europe has been bullish doe to Mario Draghi QE, but US has been sluggish. Asia market are cuaght in the middle of the 2 battles. US is now showing a lower high with head and shoulder patterns. Bearish signals are seen in European indices too. What will the market do this week? Most importantly, are you a trader that knows how to take advantage of the market this week? What is it?
Find out in this week’s regional market youtube.
BBC News – Business- Canadian Michael Spavor detained in China as Huawei row continuesChina detains two Canadians as a row continues over the arrest of a Chinese businesswoman in Canada.
- Marmite sprouts? Why retailers are pushing the boundaries with festive foodFrom pigs-in-blankets tea to Christmas tree crisps, retailers are pushing the boundaries with festive food.
- Virgin Galactic aims to reach space for first timeSir Richard Branson's firm says its latest spaceship test flight will "aim to fly higher and faster".
- Bonmarché shares halve after sales slumpThe clothing firm's shares fell 50% at one point as it warns it could make a full-year loss of £4m.
- Cruise and hotel bookings boost Tui profits for third yearDemand for upmarket hotels and "experiences" has lifted profits at the European travel group.
- House of Fraser revival 'challenging'Sports Direct boss Mike Ashley sees "significant challenges" in turning around the department store chain.
- Could light bring us superfast mobile broadband indoors?Superfast 5G mobile connectivity may not be able to reach inside buildings. Could light help?
- 'If the factory closes what could I afford to eat?'As the EU threatens to end Cambodia's tariff-free status, textile workers fear it could lead to factory closures and job losses.
- Why are there so many pre-Christmas sales?Retailers, squeezed by rising costs and falling sales try to lure back shoppers with pre-Christmas sales
- Hamleys pulls slime toy amid safety fearsTests found Frootiputti slime exceeded EU limits for boron, a chemical that can impair fertility.
- Canadian Michael Spavor detained in China as Huawei row continues
- Reuters: Business News
- Asian shares rally on U.S.-China trade thawAsian equity markets rallied on Thursday on signs of easing Sino-U.S. trade tensions and expectations that China will step up efforts soon to support its cooling economy.
- Autostrade could challenge government decree over Genoa bridge: sourceAutostrade per l'Italia will decide on Thursday whether to appeal against a government decree that excludes the operator of the collapsed Genoa bridge from works to rebuild it, a source familiar with the matter said.
- Japan's SoftBank to shun Huawei in favor of Ericsson, Nokia equipment: NikkeiSoftBank Group Corp plans to replace 4G network equipment from China's Huawei Technologies Co Ltd with hardware from Nokia and Ericsson, Nikkei reported on Thursday, without citing sources.
- Vitol, rival oil traders in spotlight of Brazil bribery probeBrazil's epic "Car Wash" corruption investigation has taken down presidents and elite businessmen, and led to the largest corporate leniency deal ever signed.
- Factbox: The trading firms under investigation in Brazil graft probeLast week, Brazilian investigators accused four of the world's largest oil-trading firms of participating in a corruption scheme focused on Brazil's state-controlled oil company Petrobras.
- Oil prices rise as Sino-U.S. trade tensions show signs of easingOil prices rose on Thursday, buoyed by a drawdown in U.S. crude stockpiles and indications that China is taking concrete steps to put a trade war truce with Washington into action.
- Chinese state media urges Canada to defy U.S., free Huawei executiveCanada should distance itself from U.S. "hegemonism" and grant unconditional freedom to Meng Wanzhou, a top executive of China's Huawei detained in Vancouver on Washington's request, state-owned tabloid Global Times said in a Thursday editorial.
- Canada warns U.S. not to politicize extradition casesCanadian Foreign Minister Chrystia Freeland on Wednesday warned the United States not to politicize extradition cases, a day after President Donald Trump said he could intervene in the affair of a Chinese executive detained in Canada at Washington's request.
- U.S. solar takes hit from Trump tariffs but is cheaper than ever: reportU.S. solar installations fell 15 percent in the third quarter as the Trump administration's tariffs on overseas-made panels forced developers to put off large projects, according to a report commissioned by the industry's primary trade group.
- Japan rules out asking private firms to avoid telecoms gear that could be maliciousJapan's government has no plan to ask private companies to avoid buying telecommunications equipment that could have malicious functions, such as information leakage, its top spokesman, Yoshihide Suga, said on Thursday.
- Asian shares rally on U.S.-China trade thaw