US futures and EU markets are marginally lower this morning on profit taking, that’s after the strong close Friday on the better than expected job report found investors in the technology sector back above all-time highs levels reached before the corona crisis. The EURSXX50 is not even close to full recovery however the futures in Europe are up for the 11 out of the past 12 trading days, showing the trust of investors in the EU recovery plan and German economy leadership. FX markets are opening the trading week flat, the dollar index is at 97.8 this morning, flat over the past 4 trading days and looking weak ahead after a 4% pullback over the past 3-weeks.Gold and Silver are recovering this morning following the weak close Friday, Gold is trading at $1,699 per ounce, up 1%, and Silver is at $17.83, up 1.95%. Oil trades at $39.91 per barrel this morning, up 1% and a pullback is due after the 6-weeks of rally/recovery from all-time lows.

ECB President Lagarde speech at 9:45 am is the important news on the agenda Monday, (all times GMT).

Global Markets 24 hours wrap-up
MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
8.6.200.09%-0.05%0.03%0.1%0.98%0.73%
EURGBPUSDCHFAUDUSDAUDJPYUSDCADSilverNat Gas
-0.08%0.11%0.41%0.32%-0.03%1.99%-0.56%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.26%-0.7%-0.16%-0.55%-0.7%1.38%0.52%
1 YEAR5.71%-11.9%
-3.81%-0.77%10.98%12.83%
Swing report
TRADEENTRY PRICEPOSITIONOPEN PROFITDATE TRIGGEREDSTOP LOSSUPDATES
USDNOK 6999147201/63430SL CHANGED
 
OPEN PROFIT$4720

The technology sector is back to all-time highs level, led by a strong 3-month V-shape reversal, up 27% over the past 12 months, and leading all global indexes.

The EURSXX50 is up 15% over the past 4-weeks, showing strength after the EU recovery plan kicked in and on pace for another  record month for the index.

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