Headlines:
Markets:
- NZD leads, CHF lags on the day
- European equities a little higher; S&P 500 futures flat
- Gold down 0.2% to $4,156.79
- WTI crude oil up 0.4% to $58.89
- Bitcoin up 1.0% to $91,127
It was a quiet session with not all too much to work with as trading appetite is sapped amid the Thanksgiving holiday in the US.
The holiday break is also leading to a lull in Europe, with traders and investors looking fairly disinterested during the session. That especially with no major data releases or headlines to deal with as well.
In the major currencies space, the dollar is little changed across the board in a lackluster start to the day. EUR/USD is down just 0.1% to 1.1585 while USD/JPY is down 0.1% to 156.35 currently. The latter at least did nudge a little higher from around 155.90 levels at the start of the session. Meanwhile, GBP/USD is keeping the post-budget gains at around 1.3230 though down 0.1% on the day.
In the equities space, European indices are posting minor gains as the risk mood holds up on the week. But with Wall Street out of commission today, there’s not much conviction to go running.
As for the commodities space, gold continues to hold stuck in its technical pennant and is down just slightly at $4,156 at the moment. In crypto land, at least risk appetite is picking up with Bitcoin now climbing back up to $91,000. That’s a relief after the scare from last week surely.
To all those celebrating, I wish you a very Happy Thanksgiving holiday break and enjoy the long weekend!
