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.
Global Macro Strategist, Saxo Bank Group
Summary: The pause in trade hostilities between the US and China has given markets a lift, with some investors looking to a risk-on, 'Santa Claus' rally into year-end.