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Asia's markets have grown slightly, despite growing threats along North Korea. Australian ASX 200 was 0.13% up, and Japan's Nikkei 0.15%.

Oil prices remain at the bottom of the upward channel as the price of black gold dropped 0.24% to $49.21 a barrel during the Asian session.

Gold is declining against a backdrop of rising markets, not considering the worsening situation in North Korea.

European markets will remain closed due to the day of labor and before the US stock market is expected low volatility and low liquidity in the markets.

Calendar for European and US Stock Sessions:

  • 10:15 - Switzerland - retail sales
  • 14:45 - Statement by Steven Mnuchin, Finance Minister of the United States
  • 15:30 - US - Personal Income
  • 16:30 - Canada - PMI index in manufacturing
  • 16:45 - USA - PMI in the field of production
  • 17:00 - USA - ISM index in manufacturing

EUR - The euro was trading in mixed sentiment during the Asian session, and today there are no major changes the currency. The sentiment of the euro remain negative, amid the upcoming French runoff and Mario Draghi's statements that he will keep the program of quantitative easing as needed. This puts the single currency under pressure and we remain short.

USD - The greenback appreciated during the night hours against the backdrop of positivism in the markets. This week we are expecting very important US data, such as the Fed's central rate on Wednesday and new jobs on Friday. Traders will most likely remain cautious until new jobs are released on Friday.

JPY - The Japanese yen traded down against most currencies, despite the negative fundamentals along Syria and North Korea. If positivism persists and in the coming days we will see a fall in the currency of refuge.

Indices: US indices futures rose slightly, with the SP500 traded at around $ 2385 and Dow Jones about $ 20,955. Today, before the start of the US session, low volatility is expected in the indices. The intensification of tensions in North Korea has a negative impact on the indices. This week investors will wait for employment data on Friday, and will probably remain cautious throughout the week.

Jr Trader Petar Milanov


 Varchev Traders

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