Initial Guidance | 21 January 2015

● US Homebuilder confidence declines slightly in January | Housingwire
● UK Sep-Nov Jobless Rate Falls More Than Expected | RTT
● Bonds, shares, gold supported ahead of expected ECB action | Reuters
● Brent crude oil rises above $48.50, but outlook remains weak | Reuters
● Gold Prices Top $1,300 an Ounce for First Time in Five Months | Bloomberg
● Behind Drop in Oil Prices, Washington’s Hand | NY Times