Markets are back in full swing today
UK and US markets will be back open again today and so far there hasn't been much changes to major currencies as we begin European trading. The aussie and kiwi are posting minor gains as equities are a bit more buoyant but it sure does feel like it is more of a relief more than anything else as US-China trade relations aren't souring any further.
That said, ranges remain narrow with AUD/USD sitting in just a 14 pips range while NZD/USD is only trading in a 10 pips range so far today.
Chinese stocks are up by about 1% now but Treasury yields are mildly weaker, so that's seeing the Japanese yen more or less unchanged on the session despite equities faring slightly better in Asia Pacific trading.
The dollar is mixed against the major bloc but ranges are relatively minimal with less than 0.1% changes across the board for the most part. The euro is slightly on the back foot but nothing too notable with EUR/USD lingering around 1.1180 levels, trading within a range of 1.1178 and 1.1196 as we begin the European morning.
Looking ahead, we'll have some light economic data to move things along but nothing major of note. As such, the ebb and flow will continue to be a key factor in trading so let's see what markets have in store for us as we look to kick start the week properly today.
