Risk appetite deteriorated around the close in Europe and it has been sideways since. The calendar is the catalyst here with the first of the month generally driving positive risk appetite.
Data includes Australian Q4 house price indx at 0030 GMT. It’s expected -0.6%. At 0100 GMT is China’s official manufacturing PMI, expected to dip to 49.6 from 50.3. Finally, Japanese labor cash earnings exp -0.3% at 0130 GMT.
I’ll be covering the first half of the shift, Sean will be here in about 3 hours.
