As the dollar sees general weakness (USD/JPY exception), underminned by the spectre of a US government shutdown. Interesting to see that the Big German we mentioned scooping up overnight 1.4400 EUR/USD calls yesterday has hit pay dirt. Clever Big German.
Euro zone data today:
06:00 GMT: German trade balance for February expected 13.0 bln; current account 12.0 bln. Exports +2.0%. Imports +1.0%
06:00 GMT: Bank of France business sentiment for March
06:45 GMT: French central govt balance for February
European stocks set to open firmer; DAX and FTSE around +0.5%.
