United States

Following yesterday's jump in US manufacturing PMI, Market reports the January flash Services PMI also spiked (after dropping for 2 months) to match manufacturing at 55.1 (notably above the 54.4 expectations). This is the highest Services print since Nov 2015. Hope remains the biggest driver of this 'soft' survey data with growth expectations for the next 12 months were the greatest since May 2015.

Commenting on the flash PMI data, Chris Williamson, Chief Business Economist at IHS Markit said:

With global stock markets basking in the afterglow of Dow crossing 20,000 for the first time, on Thursday they propelled higher in sympathy with the US, as Asia and Europe are trading solidly in the green, as is the dollar which rebounded strongly off a 5 week low. Copper touched the highest price since November after reports of lower production. Global government bonds extended declines as France’s 10-year yield breached 1% for the first time in more than a year. Gold declined.

President Trump is a busy man. While vulturous media opportunists on the left spew outrageous propaganda at America's hoard of primal screaming "never-wrongs" who can't even fathom why they lost the election, Trump has moved with lightning speed to shock n' awe the world with massive progress on a ton of campaign promises.

Mexican President Enrique Peña Nieto reiterated Wednesday in a pre-taped address that his country "will not pay for any wall," but expressed willingness to work with the Trump administration.

Peña Nieto also said he had ordered government agencies to step up protection for immigrants, demanding respect as an autonomous nation, while admitting Mexico is negotiating new trade rules with US.

President Trump has officially given the go-ahead for construction workers to begin building the US-Mexican border wall in the next few weeks.  Trump signed an executive order on Wednesday that will allow him to make moves in stemming illegal immigration into the U.S. and strengthen national security. Thegatewaypundit.com reports: Big day planned on NATIONAL SECURITY tomorrow. Among many other things, we will build the wall! — Donald J. Trump (@realDonaldTrump) January 25, 2017 According to the Wall Street Journal, Donald Trump will sign two executive orders on Wednesday.