The news this week is generally positive. The trade negotiation between the US and China have made some progress, especially the US President Trump has softened his tone on Huawei. Since Trump softened his tone on Huawei, many of the US allies have announced that they will include Huawei in their 5G projects. Because Huawei offers an opportunity of making the next-generation 5G networks arrive a year earlier, no country wants to miss such opportunity. Besides some relief of the trade tension between the US and China, there is some more positive news. The balance sheet of the US Federal Reserve is very positive and strong, comparing with what the Fed had before the financial crisis. This definitely gives the market more confidence that even if there is a financial crisis coming, the US Fed has the ability to counter the crisis. Furthermore, even the UK has some good news that the UK government received £14.9bn more than it spent in January, which was the largest surplus since 1993.
However, there is some negative news. The British politics has become even more divisive, not only the Tory party has ben divisive, the Labour Party is not any better either that several Labour MPs have chosen to leave the Party.
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