EUR/AUD rose to 1…
Global PMIs will be released today
Information is not investment advice
Ichimoku Kinko Hyo
NZD/JPY: The NZD/JPY pair is now poised to exit the Kumo. If that happens, the currency pair will enter into a new bearish sentiment.
European Market View
Global PMIs will be released today. It is expected to show a continued gradual uptrend in August. In addition, we get the Euro area consumer confidence. The August figure will indicate if that was just a blip or whether European consumers are turning more cautious in their spending patterns.
European Key Point
- Global PMIs will be released today.
- Euro area consumer confidence.
US stock markets are set to open mixed as the post-Pfizer rally is reassessed, but cyclicals are still clearly outperforming the growth and momentum names that have notched the biggest gains during the pandemic.
Biden maintains the lead in crucial Pennsylvania. EUR/USD little changed since this morning.
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