JAMIE CHISOLM: Welcome to the FT Market Minute. Here's what we're watching in London on Friday morning. Well, it's all a bit of a mixed bag, with traders seemingly reluctant to make overly bold bets ahead of the Trump inauguration later in Washington. No one expects policy to be fleshed out when Mr. Trump delivers his address, but the tone may fill colour market sentiment. And from now on, investors will want to see evidence that they were right to bet on the Trumpflation trade.
In the meantime, the dollar's a touch softer as traders try to figure out if the new US administration favours a strong or weaker buck. And those inflation concerns are still lingering. Treasury yields flirting with a 2.5% level, a three week high. And bund near 40 basis points. Soft markets are mixed, with London listed miners a bit weaker as investors absorb a raft of data out of China. The world's second biggest economy grew 6.7%, which is pretty much in line with forecasts. But will it be able to expand at such a pace if President Trump follows through with his pledge to renegotiate trade terms?
