The market is still feeling tepid to start the new week
The DAX is back to flat levels on the day now after falling by just over 1% earlier but the moves so far this morning have been very choppy. It is a similar case for US futures, which continue to fluctuate between 0.5% losses and 0.5% gains in the European morning.
Bonds are keeping a little firmer but nothing too outstanding while in the currencies space, the dollar continues to keep slightly firmer as well but not really pushing the issue.
EUR/USD continues to flirt with a break of the 200-day moving average at around 1.1080 while USD/JPY continues to keep just under the 108.00 level for now.
If anything, I would say that investors are still trying to figure out the balance between the flows last week (two more days until month-end and quarter-end passes) as well as ongoing economic and virus worries that may persist for the next few weeks/months.
