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18/01/2019 -Market view: Markets Advance, Shutdown, Davos, Ryanair, Netflix
US markets advanced yesterday, with the S&P 500 breaking above its 50 day moving average (DMA) for the first time since December. Asian markets advanced on reports of progress in trade relations between the US and China. Europe opened strong this morning, while futures are pointing to a positive day in the US. Yields remain stable at current levels with the US 10 year at 2.76%. The pound has held steady over the week around the £0.88 level. The market will be watching the US for movement on trade and the government shutdown. On the data front, the UK has retail sales data, while the US has industrial production data this afternoon.