Heading into the European open Gold (-0.16%) and Silver (0.54%) are trading mixed. The yellow metal is trading at $1841/oz while silver is at $24.74/oz. In the rest of the commodities complex, copper has fallen -0.63% and spot WTI is 0.36% higher.
Risk sentiment was mixed overnight. The Nikkei 225 (0.09%) and Shanghai Composite (0.61%) closed higher while the ASX fell -0.59%. Index futures in Europe are pointing towards a positive open.
In FX markets, the biggest mover overnight was NZD/USD and USD/JPY which both rose 0.20%. The dollar index is 0.12% higher leading into the EU open. In the crypto space, BTC/USD has called around 2% to hit $57,502.
The German coalition agreement could be attained by Monday or Tuesday according to sources.