The EURGBP currency pair is influenced by central bank policies and interest rate expectations. Recent economic divergence between the UK and Eurozone has led to critical support levels for the pair.

We might even see $80/bbl Brent if markets sense the rising risk that oil supplies from the region will be materially impacted. Meanwhile, Chinese stocks are rallying on economic recovery hopes, creating significant trading opportunities across various asset classes.

The first full trading week of September has shown significant price movements, particularly following the US jobs report. Traders can expect a quieter week with key macroeconomic events on the horizon.

Over the longer term, this benchmark index for European stocks is projected to rise another 12% to eventually cross above 5600 within the next 12 months.