Market participants brushed off cautious sentiment on Thursday, after the recognition of Jerusalem as Israel's capital by United States President Donald Trump. The risk of an outburst in violence has apparently been penciled in with incoming information in the runup to the move. The improvement in risk appetite also came despite a sharp drop in oil prices.
The euro and the pound were little changed versus the dollar and against one another, while gold declined 0.54% at 8:26 am CET, to sell for $1,257.79 per ounce. Silver lost 0.58% to $15.9 for one ounce, platinum was down 0.44% at $899.5, and palladium ticked 0.1% below the flat line, to $995.5 per troy ounce.
Traders' bets showed the FTSE 100 may add 0.25% on the opening bell. Stock futures put the German DAX 30 index at 0.27% in the green, compared to an expected rise in the CAC 40 by 0.06%.
