Market Update

USD stronger after the preliminary U. of Michigan figures, but despite the strong data, EURUSD unable to break 1.2900. Friday lows at 1.2915. The market is still looking for confimation of the USD-strength. Watch the GDP at the 31st of January.

US stocks generally lower last week after disappointing earnings forecasts from technology stock. EU stocks gaining for the fourth week in a row, on earnings and M&A activity.

Oil coming back somewhat on the increased demand due to cold weather in the Northeast of US.