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DailyFX European Market Wrap: US Military Strikes in Syria, US NFPs Shake Markets

DailyFX European Market Wrap: US Military Strikes in Syria, US NFPs Shake Markets

Nick Cawley, Katie Pilbeam,

European markets end the first week of the second quarter mixed with a lot of data to digest. There were gains in London though as gold rose with safe haven seekers heading towards bullion following the US air strike against Syria. Randgold's shares rose to nearly 4%. And with this in mind, we saw oil continue its upwards direction.

All eyes were on the US and Chinese Presidents as they met in Florida to talk trade with Trump changing his tune towards Xi Jinping, calling him "outstanding".

It was a great week for Rupert Murdoch, his company Twenty-First Century Fox was given the thumbs up by the European Commission acquire Sky for £11.7bn, saying there was no competition concerns in Europe.

DailyFX Analyst Nick Cawley talks about the French elections, euro, sterling and the German economy.

--- Written by Katie Pilbeam, DailyFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.