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.
Senior Editor, Saxo Bank
Summary: Today's edition of the Saxo Morning Call features our Head of Forex Strategy John Hardy, Head of Commodity Strategy Ole Hansen and Head of Equity Strategy Peter Garnry, discussing the ups and downs of the equity market, crude oil's decline on a Saudi promise and how the Italian budget is pressuring the euro.