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A light one on the data docket in European trading today

A light one on the data docket in European trading today

Markets are in a calmer mood, with major currencies not doing too much so far today. Risk is looking on the up, hoping for a bounce back after stuttering towards the end of last week. S&P 500 futures are up 0.3%, while the likes of gold and oil are both down.

There aren’t any key releases in Europe to really shake things up. As such, trading sentiment will depend mostly on the overall market mood for the most part. Coming up later this week, there will be more to work with. But for now, headlines will be few and far between to start the week.

0800 GMT – SNB total sight deposits w.e. 19 April1000 GMT – UK April CBI trends total orders

That’s all for the session ahead. I wish you all the best of days to come and good luck with your trading! Stay safe out there.

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

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Buy Sell Volume MT5 Indicator

Buy Sell Volume MT5 Indicator

Price action is undeniably the focal point for most traders. However, a crucial element often gets sidelined: volume. In essence, volume represents the number of contracts or units traded for a specific security within a given timeframe. High-volume periods often signify heightened market activity and potential trend continuation, while low-volume periods can indicate consolidation or […]

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Vietnam’s Central Bank is to cancel Monday’s gold auction due to a lack of interest

Vietnam’s Central Bank is to cancel Monday’s gold auction due to a lack of interest

Vietnam’s central bank said
on Monday it would cancel its first gold auction in 11 years due
to a lack of interest from buyers

The Bank added that the
auction was now expected to take place on Tuesday.

This doesn’t make a lot of sense to me. If the auction was cancelled due to lack of interest is 24 hours expected to make a lot of difference?

Maybe its just a Monday thing. Is everyone there hungover or something? 😉

This article was written by Eamonn Sheridan at www.forexlive.com.

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