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EURopean Open Briefing: Tensions Between the US and North Korea Keep Traders Worried

Hello
  • Asian stock markets: Nikkei down 0.05 %, Shanghai Composite fell 1.30 %, Hang Seng and ASX 200 closed for holiday

  • Commodities: Gold at $1292 (+0.30 %), Silver at $18.59 (+0.45 %), WTI Oil at $52.75 (-0.80 %), Brent Oil at $55.45 (-0.80 %)

  • Rates: US 10 year yield at 2.21, UK 10 year yield at 1.05, German 10 year yield at 0.19

News & Data:
  • China GDP QoQ 1.3 % (exp 1.6 % prev 1.7 %)
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Markets Steady as Fed Chair Yellen Watched

Markets are relatively steady today as traders and investors await Fed chair Janet Yellen's testimony before Senate Banking Committee. Markets are also having another eye on news regarding the Brexit referendum on June 23. A YouGov poll for the Times newspaper showed 44% support "leave" and 42% support "remain. Another poll by ORB for the Daily Telegraph showed 53% support "remain" and 46% support "leave". Overall, the strong rally in pound and stocks this week suggests that the markets believe …
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