Headlines:

Markets:

  • GBP leads, JPY lags on the day
  • European equities slightly lower; S&P 500 futures down 0.2%
  • US 10-year yields up 3.5 bps to 3.545%
  • Gold down 0.3% to $1,912.38
  • WTI crude up 0.4% to $80.19
  • Bitcoin up 0.6% to $21,271

It was a relatively quiet session as markets kept slightly guarded ahead of the return of US traders later today, following the long weekend.

The dollar is sitting more mixed across the board with light changes for the most part, though GBP/USD is making the most of things with the pair up 0.6% to 1.2265 currently. The yen remains the major currency to watch though, with all eyes fixated on the BOJ policy meeting decision tomorrow.

USD/JPY was in a state of flux during the session, ranging between 128.50 to 129.00 mostly as positioning flows play out ahead of the main event tomorrow.

Elsewhere, equities remain tentative awaiting Wall Street's return with the S&P 500 having ran up against key resistance levels at the end of last week as noted below:

SPX