The @Newsquawk Europe Market Open report highlights that the US-China trade talks will be the primary topic of discussion as US markets are closed, and the European Central Bank is expected to announce their latest statements.

Comprehensive record

“Four Things You Should Be Aware Of”

The majority of stocks in the Asia-Pacific region experienced a downturn after Wall Street reported losses last Friday. Additionally, there was limited interest in taking risks as markets processed information regarding talks between the United States and China.

It was reported that the meeting between Qin, China’s Minister of Foreign Affairs and Blinken, US Secretary of State was open, thorough, and favorable, but no significant progress was made.

The European equity futures suggest a decrease in the market upon opening, as indicated by the Euro Stoxx 50 decreasing by 0.7% after a 0.7% increase on Friday’s cash market.

DXY is restrained/limited/controlled.

The EUR/USD and Cable are currently at 1.09 and 1.28 handles, while the JPY is the top performer.

“Antipodean majors fall behind”