Gold prices soared to challenge three-week range resistance, buoyed by a weaker US Dollar. A break higher would put a trend-defining top in the crosshairs.
The FTSE continues to trade with a positive tone but has plenty of obstacles standing in its way; makes for a market lacking conviction.
Crude oil prices may turn lower as worries about slowing global growth weigh on cycle-sensitive assets but US consumer confidence data may offer a lifeline.
EUR/GBP continues its slow ascent that was initiated by a bullish reversal pattern. Immediate support has been reinforced, potentially limiting the scope for near-term losses.
The DAX is retesting a long-term trend-line, while the CAC trades into swing levels carved out during the end of last year.