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Australian Economic Data Leaves The Aussie 0.25% Lower

Published 04/03/2017, 03:20 AM
Updated 04/25/2018, 04:10 AM
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FTSE +25 points at 7347

DAX +68 points at 12,380

CAC +13 points at 5135

European markets look set for a positive open on Monday with little in the way of movement in currencies in the Asian trading session. A mixed bag of Australian economic data left the Aussie dollar lower by 0.25%.

Stocks finished slightly downbeat last week. The big question on every trader's mind will be whether the sell-off from two weeks ago will begin to pick up steam again this week. An absence of major economic and political events is often when markets are able to move most freely.

The main data focus for today will be manufacturing PMIs out of the UK and Europe. Sterling traders will be look for any signs that the weaker currency has helped manufacturing at a time when other parts of the UK economy have started to slow.

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