Good Morning Traders! This Monday we get Eurozone data, among comments from a number of speakers.
Here is what to keep in mind.
Sentiment
The largest medium-term liquidity injection by China's central bank since 2020 is being made as part of increased measures to assist the country's economic recovery and debt sales.
To prevent its geopolitical opponent from acquiring cutting-edge technologies that could give it a military advantage, the US proposes to tighten sweeping measures to restrict China's access to advanced semiconductors and chipmaking equipment.
Oil prices fluctuated within a small range as the US increased efforts to stop the issue from spreading to other parts of the world and Israel has yet to begin its anticipated ground offensive on the Gaza Strip.
After Secretary of State Antony Blinken spoke with Arab leaders regarding the Israel-Hamas war and efforts to send humanitarian aid to Gaza, US President Joe Biden may visit Israel shortly, intensifying US diplomatic efforts.
According to figures released on Monday, UK home sellers raised their asking prices at the weakest rate for any October since 2008 as experts revised down their growth projections for the overall economy.
Docket
05:00 AM ET
Eurozone Trade Balance
Prior 3B
Speakers
03:00 AM ET
ECB's Villeroy Speaks
04:30 AM ET
BoE's Pill Speaks
06:30 AM ET
ECB's de Cos Speaks
Good Luck Today Traders!
