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 Editorial Content, Saxo Bank
Summary: In today's edition of Saxo's Morning Call our experts assess the massive breach of support in Brent crude oil, which has broken the key $70/barrel line as funds pull out of long positions in both crude and natural gas.