The post-Brexit recovery across European markets stalled on Monday with major share indexes mixed and safe-haven demand for precious metals helping the price of silver surge to a near-two year high.
Oil prices rose on Monday following comments from the Saudi energy minister that the market was heading towards balance, although signs of slowing demand in Asia weighed.
Yields on once-calm Japanese government bonds have become deeply negative and their prices intensely volatile—all this in a market that should be risk-free and dull. Earlier this month, Japanese government bonds with maturities up to almost 20 years went negative. That means almost 87% of Japanese government bond yields are now below zero.
Next Trading Day's Important Events
- 07:30 (GMT 3) RBA Interest Rate & Statement
- USDJPY: 102.62
- EURUSD: 1.1132
- S&P 500: 2,100.47
- NASDAQ : 4,862.57