Pre-market activity and scheduled economic data that may have an impact on
the global financial markets.
STOCKS – The pan European STOXX 600 index added 0.2 percent and Germany’s DAX touched an all-time high after data showing industrial output far overshot forecasts.
BONDS – Spain’s 10 year government bond yield was down 6.5 basis points at 1.65 percent. The IBEX stock index rose 0.8 percent, outperforming the rest of Europe. The US bond market is closed for a holiday, Tokyo markets are also closed.
COMMODITIES – Gold hit a one-week high as tension over North Korea saw some investors seek safety in the metal, it rose 0.4 percent.
CURRENCIES – Sterling gained as Prime Minister Theresa May looked poised to reassert her leadership.
ECONOMIC DATA – Eurogroup Meetings (all day), US Holiday.
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