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Risk Tone Mixed Awaited For Further Development On US Fiscal Stimulus

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During the European session, the risk-tone seems mixed, with the European indices traded mostly lower, higher yield, and mixed in safe-havens.

In FX Markets, AUD and NZD benefited from the hopes of US fiscal stimulus, while JPY also traded positive as some investors are seeking safe-haven flow.

On the other hand, USD is the worst performer amid optimism over further stimulus in the US lifted investors’ appetite for riskier assets and currencies.

Meanwhile, GBP jumped as investors optimistic that the Brexit deal can be achieved before year-end.

Ahead of the New York session, Canada will publish its consumer price index and retail sales figures, which could impact CAD. Also, investors will remain focus on the US fiscal stimulus.

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