The Indian terror attacks late last week could increase risk aversion in early trade on Monday. Tensions between nuclear-armed India and Pakistan are on the rise amid suspicion the attacks were organized and supplied from Pakistani soil.
This could be the early test Joe Biden warned about, even before Obama takes office.
Look for an early offer in EUR/JPY. US equity markets will be the focus later in the session after they posted their first five day winning streak since November 2007. Fells more like 1967…