Today the US and Canada are having a holiday as Labor Day is celebrated, therefore we do not expect any activity with the USD/CAD pair today.
Brent crude oil was able to gain a foothold above $78 per barrel after Friday's trading session and is at two-month highs.
Tensions in the trade relations between the US and China continue to put pressure on the markets, but the shares of technology companies continue to grow, so the Nasdaq Composite and S&P500 indices updated historical highs last week. We also expect comments on new tariffs on Wednesday. Donald Trump said in an interview last week that he intends to continue his policy and is ready to introduce new duties on Chinese goods amounting to $200 billion.
The cryptocurrency markets showed moderate growth over the weekend and the price of Bitcoin increased by more than $200.
