The Europe Market has opened with a focus on US-China negotiations and scheduled ECB speeches, while US markets remain closed. This update is from @Newsquawk.
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Things You Need to Know
APAC stocks were mostly
negative following last Friday's losses on Wall St, while risk appetite was
also contained as markets digested US-China talks.
The meeting between US Secretary of State Blinken and Chinese
Foreign Minister Qin was said to be candid, substantive and constructive
although it lacked any breakthroughs.
The European equity futures suggest that there will be a decrease in the market at the opening, as the Euro Stoxx 50 shows a decline of 0.7% after registering a rise of 0.7% on Friday, when the cash market was closed.
DXY is under control or restrained.
The currency pairs EUR/USD and Cable are at 1.09 and 1.28 values respectively, while the JPY is currently in the lead.
"Antipodean majors are falling behind."
