EUR/USD is trading at 1.09868, 0.03% up since previous day close. The flat trading can be seen in EURO against the steady USD after U.S government imposed a ban on technology investments in China which escalated the U.S-China tensions. The Euro-zone Sentix Investor Confidence fell by 18.9 against the previous fall of 22.5. This slightly cushioned the pair EUR/USD. Besides this, the hawkish ECB monetary stance, uncertain FOMC monetary stance & upcoming U.S CPI data release event remains vital for EUR/USD. As seen in the chart, the pair is trading within the range of short-term MA (10) & MA (20) & long-term MA (100) which indicates an either side breakout on daily basis.

UK100 is trading at 7592.3, 0.09% up since previous close. The mixed trading can be seen in U.K index against the steady USD ahead of the result of U.S CPI data which is to be released today. In U.K, the RICS House Price Balance fell by 53% from 48% in the previous month & the BRC Retail Sales Monitor grew by 1.8% lower than the previous figure 4.2%. These weakened the UK100 to some extent earlier in this week.  However, the focus remains on ongoing stimulus talks to be provided to Beijing & uncertain U.S monetary stance. The result of U. K’s GDP data will be closely monitored on Friday. As seen in the chart, the UK100 is trading near long-term MA (100) & MA (200) & a further upside may be recommended if breaches the same.

WTI Oil is trading at $84.29, 0.12% up since previous day close. An upside can be seen in WTI Oil prices; however, the trend depends upon the result of U.S CPI data which is to be issued today. On Wednesday, the mixed outcome of Chinese inflation data cushioned the prices to some extent; for China is a top consumer of Oil. The U.S Energy Information Administration (EIA) report showed a rise in Oil inventory levels by 5.9 mbpd against the expected rise of 2.1 mbpd. Last week, the Saudi Arabia & Russia extended their oil output & supply cut till end-December in OPEC-JMMC meeting which cushioned the prices. Slight buying bias may be recommended for the day in WTI Oil.