In the European session, we don’t have much on the agenda other than a couple of low tier releases like the Italian business confidence report and the French unemployment benefits claims data. Neither of those will change anything for the ECB.
In the American session, we have just the Richmond Fed Manufacturing Index and the Dallas Fed Services Index. They are very rarely market-moving releases and won’t change anything for the Fed or the markets at this point.
So, we are left with the market trading based on the positive risk sentiment triggered by the US-China preliminary deal over the weekend as we head into Trump-Xi meeting on Thursday.
This article was written by Giuseppe Dellamotta at investinglive.com.
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