Eurostoxx futures +1.2% in early European trading

Forex Short News
  • German DAX futures +1.1%
  • UK FTSE futures +0.5%

Does this give hope for the EU to also strike a deal before the 1 August deadline? I’m afraid the circumstances are a bit different. Japan prime minister Ishiba was a lame duck after the upper house election loss and this deal was his last ditch attempt to try and stay in office. However, the latest report from Reuters is suggesting that it isn’t enough as he has tendered his resignation.

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This article was written by Justin Low at investinglive.com.