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Eurostoxx futures +0.7% in early European trading

  • German DAX futures +0.6%
  • UK FTSE futures +0.7%

The optimism comes as Trump touts a “major” trade deal announcement later in the day, in which he will be speaking about at 1400 GMT. The reports are suggesting this to be with the UK but the devil is in the details. As mentioned here, it might not be all that is hyped up to be. So, we’ll see how Trump wants to sell the narrative and if markets can continue the rebound on the week after the fact. S&P 500 futures are seen up 0.6% currently as well.

This article was written by Justin Low at www.forexlive.com.

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