The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Head of FX Strategy
Summary: US equities and the US dollar ended last week on a strong note and the Monday session in Asia continued the good cheer. At the weekend, US President Trump pushed for a COVID-19 treatment and for fast-tracking a UK vaccine candidate. This week, our attention turns to the state of US election polling as the Republican National Convention starts today and we watch for the latest signals from the Powell Fed.
What is our trading focus?
What is going on?
What we are watching next?
Economic Calendar Highlights for today (times GMT)
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