Slightly positive vibes in early trades
- German DAX futures +0.6%
- French CAC 40 futures +0.8%
- UK FTSE futures +0.3%
- Spanish IBEX futures +0.4%
The optimistic tones from Asian trading arising from Trump's earlier comments on trade here is helping to keep risk sentiment buoyant as we begin the session here. As mentioned earlier, there isn't much else for risk to move on unless we get headlines from China as the focus will shift towards the US November CPI data to be released later.
Hence, expect the slightly optimistic sentiment to carry through until then. USD/JPY currently sits at 113.48, still stuck in a narrow range for the day. EUR/JPY and GBP/JPY are at 128.52 and 141.96 respectively, near the highs but not exactly running away to the upside.
