North America holiday to keep things a little quieter to start the new week | investingLive
US futures are open for now with the mood music looking fairly tentative. However, Wall Street will be out of commission today and the Treasuries market is also not trading. So, that will leave European traders and investors to their own devices to play out the start of the new week.
Major currencies are not doing all too much, with the dollar a touch on the softer side. Meanwhile, gold is setting its sights on a potential upside break with eyes on the $3,500 mark. Trump’s tariffs mess is set to give market players something to try and digest for now at least.
Coming up later, we will be getting a host of economic data releases in Europe to move things along. The final manufacturing PMI prints for August are due alongside the latest UK credit data and Eurozone unemployment rate. None of which should be market moving releases though.