headlines:
Markets:
- The Australian dollar leads, and the euro lags today
- European stocks are slightly higher; S&P 500 futures rose 0.1%
- US 10-year yields rose 4.3 basis points to 3.900%
- Gold rose 0.1% to $1,956.83
- West Texas Intermediate crude rose 0.2% to $78.87
- Bitcoin fell 0.1% to $29,120
It was a quiet session as the markets prepare for a batch of key central bank decisions later this week. The first of which will be the FOMC meeting tomorrow.
In light of this, there was little appetite among traders in Europe today with little changes across the board. The Dollar is holding steady as the EUR is still feeling the effects of yesterday’s PMI decline.
The EUR/USD is still little changed, down slightly to 1.1045 on the day. The rest of the other dollar pairs showed very little poise, with USD/JPY holding steady around 141.40 during the session.
The Australian dollar rose slightly, benefiting from the strength of the Chinese yuan today. But even AUD/USD rose just 0.3% to 0.6760 and remains confined to key near-term technical levels.
In the equity space, European equities don’t offer much, and US futures aren’t much changed. Technology stocks rallied a bit, so we’ll see if that sentiment can hold when Wall Street gets involved later.
