Always a ‘must read’ from the lads at Newsquawk
Summary –
European bourses are generally on a firmer footing whilst US futures are modestly lower with slight underperformance in the RTYDollar is flat unable to continue the prior day’s geopolitical-indued gains, JPY underperforms with USD/JPY around 144.25USTs are flat and Bunds give back some of its recent strength, Gilts follow peers and took another leg lower following an auctionCrude continues to benefit from the geopolitical risk premium, XAU slips off best levels whilst base metals gainLooking ahead, ADP National Employment, NBP Policy Announcement; OPEC+ JMMC Meeting, Speakers including ECB’s Elderson, Schnabel, Fed’s Hammack, Musalem, Bowman & Barkin. Earnings from Conagra & Levis.
This article was written by Ryan Paisey at www.forexlive.com.
