#OPINIONLEADER#
Morning market update 07 12 2021:
Quiet session over night with markets seeing the dip being bought after Friday's sell off in equities, for today coming up first is the RBA Interest Rates Decision and RBA Rate Statement coming out this morning at 11:30 GMT+8. The DXY remains over 96.00 support with the EURUSD trading over the 1.12200 support level with the EUR GDP out 18:00 GMT+8, and the EUR is is focus for today's currency call to help you prepare for any trading opportunities. WTI was bought in last night's US session as the Omicron variant is continuing to be considered a less serve compared with the Delta variant of Covid. Early days in today's session so far and is risk on but we've seen this quickly change and caution needs to be shown to avoid getting into sub par set ups.
- 00:06:04
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