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.
Head of Equity Strategy, Saxo Bank Group
Summary: A dovish Federal Reserve and a stimulus-pushing Beijing are leading equities higher, but the key outstanding thing remains a trade deal between China and the US.