E-minis are up by about 0.4% on the session.
Asian equities are also posting decent gains near the highs for the day currently with the Nikkei up by 2.1% and the Hang Seng index up by 1.6% currently. It's setting up for a decent start as we head into European trading later.
US equities failed to capitalise on positive headlines from China overnight but Trump's earlier comments on trade here and taking a bit of a snipe at the Fed here, are helping to prop up risk sentiment on the day.
In the currencies space, it's a bit of a quiet start to proceedings with the aussie and kiwi posting mild gains as a result. Yen pairs are also holding up well on the day on the back of the sentiment here and also as Treasury yields are holding steady so far. 10-year yields are up by 0.4 bps to 2.883% currently.
The session ahead promises little for changes to risk sentiment barring any major headlines to come from China on the trade front that is. For today, the focus will turn towards the US November CPI data to be released at 1330 GMT as it will once again act as another key point for markets to analyse ahead of the FOMC meeting next week.
picture: pixabay.com
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.