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Stock’s futures gain in today's session

Stock’s futures gain in today's session

Information is not investment advice

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Ichimoku Kinko Hyo

AUD/JPY: The AUD/JPY pair is now trading above the Kumo. Further bullish momentum will trigger the market to reach fresh highs.

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European Market View

Today investors are awaiting the ZEW Indicator of Economic Sentiment for the German economy, showing more optimism among analysts, while the uncertainty from COVID-19 may temper the expectations.

At 16:00 CET Fed’s Mester will deliver a speech. The House of Representatives of the U.S. Congress may approve the 1 trillion dollars infrastructure package. Stock’s futures gain as traders eye the risk of the virus.

In Europe, companies will report earnings on Tuesday. The cautious optimism in Europe reflects similar sentiment emerging in Pacific and Asia, where shares slightly rose this morning.

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