Risk appetite has return to markets and European traders await the France Budget Balance due at 7:45GMT. UK Services and Composite PMIÂ will be out at 9:30, Eurozone PPI’s will be published at 10:00. The important New Zealand Dairy Prices will be published at 12:30.
In the American calendar, Trade Balance from Canada and USA will be released at 15.30GMT. The US Services and Composite PMI will be out at 16:45 followed by JOLTS Job Openings and ISM Non-Manufacturing PMI due at 17:00.
In our central calendar at 9:00Â ECB’s Villeroy speaks in Lyon, France also ECB’s Muller speaking on outlook for Euro area. Â EU’s Barnier speaking at web summit in Lisbon at 1130 while FOMC Member Barkin speaks at 15:00GMT
Asian equity indices are trading higher today; Nikkei is 1.76% higher at 23.251 while the Hang Seng trading 0.49% higher at 27,683. EURUSD trades 0.07% higher at 1.1135; the USDJPY is 0.25% higher at 108.84 while the AUDUSD is 0.09% higher at 0.6915.
The central bank of China set the Yuan rate (USDCNY) at 7.0385 versus yesterday settlement at 7.0305.