Subtitles:
markets:
- AUD leads, EUR lags on the day
- European stocks a touch higher; S&P 500 futures up 0.1%
- US 10-year yields rose 4.3 bps to 3.900%
- Gold rose 0.1% to $1,956.83
- WTI crude rose 0.2% to $78.87
- Bitcoin fell 0.1% to $29,120
It was a quiet session as markets prepare for a series of major central bank decisions coming later this week. The first of these will be the FOMC meeting tomorrow.
In light of this, there was little appetite among traders in Europe today with little change across the board. The dollar is holding steady, with the euro still feeling the hangover from yesterday’s PMI plunge.
EUR/USD remains little changed, falling slightly to 1.1045 on the day. The rest of the other dollar pairs showed extremely little balance, with USD/JPY holding flat around the 141.40 level during the session.
The Aussie rose slightly, benefiting from a stronger Chinese yuan today. But even AUD/USD rose just 0.3% to 0.6760 and is still constrained by key near-term technical levels.
On the stock front, European stocks are underperforming and US futures are also mostly little changed. Tech stocks are up slightly, so we’ll see if that can carry sentiment when Wall Street kicks in later.
