- Futures contracts indicate a higher opening of the cash session in Europe
- The dollar loses its bullish momentum
- The calendar includes IFO data from Germany
We are starting a new week of trading on international financial markets. The Asian session brought over 1.3% increases on the Japanese Nikkei and 1.4% increases on the Korean Kospi. However, Chinese markets are under downward pressure today, with the Hang Seng falling by 0.5%.
Contact quotes indicate that the bullish side is currently dominating sentiment before the start of Monday's trading. Contracts for the German DAX and the American Nasdaq are currently gaining 0.5%.
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Open account Try demo Download mobile app Download mobile appThe macro calendar for today is relatively empty, but investors' attention may turn to IFO reading from Germany.
Detailed calendar of the day (GMT):
09:00 PM - Germany, business sentiment for November. Forecast: 86. Previously: 86.5.
03:30 PM - USA, Dallas FED for industry for November.
04:30 - 05:30 PM - Eurozone, ECB bankers' speeches (Lane and Nagel)
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