24th January 2018

Commodities were again on

the move on Tuesday, mostly courtesy of a weakening dollar. The greenback fell to fresh three-year lows on concern

over a rapidly deteriorating situation in Washington as both sides of the Congressional divide have again retreated to

their respective corners, raising the prospect of yet another shutdown in little less than three weeks time. In this regard,

the Senate Minority Leader Charles Schumer said that a proposal he made to fund President Trump’s wall along the

Mexican border was now off the table as he did not think the administration and/or the Republicans were serious in

negotiating a solution to the DACA issue. In addition, the Special Counsel’s probe also seems to be intensifying, with

several of President Trump’s inner circle now being questioned; there is talk that the President himself could be next.