European equities are trading at flat levels since the open while US equity futures are barely eking out gains
That means trading sentiment will boil down to Wall Street once again for further direction, as risk tones continue to stay subdued in the European morning so far. In the currencies space, the aussie and kiwi are still holding lower following weaker Chinese data since Asian trading. Meanwhile, the loonie is pressured as oil prices are softer on the day and China's move to interfere with trade certainly doesn't send a positive message as well.
Overall, the dollar remains the strongest currency among the major bloc as that sentiment has prevailed since the start of the day. With equities not providing much for traders to work with, expect similar tones as we move towards North American trading in a couple of hours. Let's see if US stocks can offer something new for markets in the day ahead.
