NY Open: Twenty pounds of headlines
Markets started the day in a confusion of incoming news as ECB chatter met with trade talk updates and US macro data. EURUSD took it on the chin and dropped from 1.1270 to 1.1235.
The macro landscape remains as tumultuous as ever as Saxo Bank Head of APAC Macro Strategy Kay Van-Petersen looks into Apple, the RBA and RBNZ, Turkey, tech-sector earnings, and more.
To download your copy of Van-Petersen's latest Macro Monday update, click here.
Please note that Macro Monday will return on Monday, August 27.