|Day's range||12,049.76 - 12,136.65|
|52-week range||10,279.20 - 12,982.92|
Economic data is on the lighter side going into the weekend. U.S retail sales could spoil the party, as the futures point to a positive open.
It’s looking a bit bearish for the day ahead. Trade war tension continues to linger, which could test investor resilience on the day.
With Germany on holiday today, it will be down to the CAC40 to follow the Asian majors into positive territory later this morning.
It’s a busy day ahead. While any chatter on trade will move the majors, Draghi and economic data out of Germany are also there to consider.
The European majors found support from FED Chair Powell and the willingness of China to return to the negotiating table. The day ahead could get choppy.
The European majors look set to take a hit at the open as the U.S – China trade war rhetoric flares up. Economic data hasn’t helped…
No major shocks from the EU elections should be positive for the majors, leaving sentiment towards trade to influence on the day.
After a day of heavy losses, the futures are pointing to a positive open. Holding onto any gains could prove to be a challenge, however.