Europe in the pre-market session: Mixed dollar, slow start for stocks and bondspetar skakalov
In the European premarket, we have some peace and quiet in the FX markets. The pound is trying to get his head above 1.2900, with GBP sentiment left in the run-up to the upcoming election and after Brexit Party leader Nigel Farage said he would support Boris late last week.
Meanwhile, at the beginning of the new week, the US dollar is trading mixed with minimal changes of 0.1 – 0.2% meetings of major currency pairs.
The markets remain calm for the time being, and index bonds and futures indicate little change.
Also today there are no major economic events and news to break the markets, so rather today we will expect a reserved and quiet session, with hardly any big surprises. However, we do not rule out the possibility of sudden news about the trade war and Brexit that would instantly change sentiment and risk sentiment.
Graphs: Used with permission of Bloomberg Finance L.P.