The dollar index traded higher ahead of the US North Korea summit and the upcoming FOMC statement Wednesday. Most markets traded in very narrow ranges, opening the trading week on a typical Monday flat note. Global equity markets traded higher across the board while investors await the results of the summit as well as the important upcoming FED meeting. Commodities traded mostly sideways and OIL reversed higher late in the day to close above 66$ per barrel on optimism ahead of the Trump Kim meeting and looking at the upcoming OPEC meetings this month.
UK Average Earnings Index at 9:30 am and US CPI at 1:30 pm are the important news on the agenda Tuesday.
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