European equity markets opened higher after falling for three straight days on trade war fears. The dollar extended a rally against the safe haven yen, while oil recovered to trade above $65 a barrel. The euro and sterling are under pressure ahead of key events today. The central bank forum in Sintra, Portugal continues today where all eyes will be on several major central bank speakers, including ECB’s Mario Draghi, Fed’s Powell and BOJ Governor Kuroda.
Trade concerns ease slightly
Daily Analysis - 20/06/2018