Labor Day holiday to keep things quiet in Europe ...Middle East

That comes after a dismal Q1 advance GDP report, owing largely to trade, one which Trump is shifting the blame away from. Equities also staged a neat comeback yesterday, before US futures are seen advancing today after earnings beat from Meta and Microsoft. Tech shares are leading the charge with S&P 500 futures up 0.9% and Nasdaq futures up 1.4% on the day.

Besides that, there's not much else on the agenda in European trading besides the UK mortgage/credit conditions report for March at 0830 GMT.

This article was written by Justin Low at www.forexlive.com.

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