ForexLive European FX information wrap: Markets quiet, Biden surprises with Kyiv go to


Headlines:

Markets:

  • AUD leads, EUR lags on the day
  • European equities blended; S&P 500 futures down 0.1%
  • Gold flat at $1,842.58
  • WTI crude up 0.5% to $76.70
  • Bitcoin up 1.5% to $24,870

It was a quiet session for essentially the most half as markets are nonetheless kind of on break contemplating that it’s a US vacation right now.

After the greenback noticed its tried technical breakout rejected on Friday alongside a retreat in bond yields, it’s just about again to the drafting board now for merchants.

Main currencies are quiet and retaining little modified with the chance temper additionally trying relatively tentative. European shares aren’t hinting at a lot on the day, with little when it comes to something to work with.

The one notable occasion on the session was US president Biden’s shock go to to Kyiv in a present of help to Ukraine. That stated, the intention of his go to may also interpreted in a special method should you consider how relations between US and China are growing in the mean time.

Issues will probably be quiet in North America later right now with some elements of Canada additionally on vacation. As such, anticipate regular buying and selling circumstances to solely resume tomorrow.



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