Blogs

Eurozone Sentix Investor Confidence below forecasts (-14.4) in December: Actual (-16.8)

Commenting on last week’s inflation data release, European Central Bank (ECB) Vice President Luis de Guindos said on Monday, “recent inflation data is good news but it is too early to declare victory.” Additional quotes It's been a 'positive surprise'.

The US Dollar has opened the week on a somewhat firmer footing, following a significant sell-off late last week, which sent the pair to fresh two-mont lows below 1.3500.

The Euro (EUR) remains under selling pressure against the US Dollar (USD), motivating EUR/USD to revisit the mid-1.0800s at the beginning of a new trading week.

The Japanese Yen (JPY) adds to Friday's strong gains against the US Dollar (USD) and kicks off the new week on a positive note, dragging the USD/JPY pair to a near three-week low, around the 146.25-146.20 region during the Asian session.

Spain Unemployment Change: -24.6K (November) vs previous 36.936K

Brazil Fipe's IPC Inflation: 0.43% (November) vs 0.3%

Turkey Exports climbed from previous $22.9B to $23.01B in November

FX option expiries for Dec 4 NY cut at 10:00 Eastern Time, via DTCC, can be found below.

Open interest in gold futures markets resumed the uptrend and rose by around 12K contracts at the end of last week, according to preliminary readings from CME Group.