Risk sentiment does not look so strong at the start of the European session, but this is certainly not due to the lack of news that has been trying to reinforce it since night time. Improved data in China yesterday, as well as more positive headlines on US-China trade relations have failed to provide confidence in the market, at least for the time being.
And as the approach the long weekend, I guess investors will prefer to stay on the side rather than shoot in the dark.
If there is anything that can drive prices today, I expect this to be the PMI survey in Europe and retail sales in the US. If we can get through them without much excitement, things have to remain silent until the end of the week. However, under conditions of lower than normal liquidity, everything is possible.
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