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EUR futures: rangebound likely near term

Open interest in EUR futures markets shrunk by nearly 1.9K contracts on Monday from Friday’s final 500,343 contracts, according to advanced figures from CME Group. Volume followed suit and dropped by around 83.7K contracts.

EUR/USD faces strong hurdle above 1.1300

The upside in EUR/USD appears to have met a tough hurdle above 1.1300 the figure. That, in combination with declining open interest and volume should allow for some consolidation in the short-term horizon.

S. Korean FinMin: Putin and Kim Jong Un are preparing for a summit

Reuters reports the latest comments from the South Korean Finance Ministry, confirming that the North Korean Leader Kim Jong-Un and Russian President
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India: Weather is back in focus – Standard Chartered

According to analysts at Standard Chartered, for the Indian economy, the weather is back in focus given the country’s significant economic dependence
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