Morning Call: Ultra-dovish Fed prompts broad risk-off
The extent of the Fed's circumspection as yesterday's policy meeting has sent the US dollar and equities lower, while the usual safe havens – gold and the yen – are poised for gains.
Senior Editor, Saxo Bank
Summary: Equities are heading south as hopes for a breakthrough in China-US trade talks disappear over the horizon. Elsewhere, macroeconomic worries are weighing on crude oil and both CAD and SEK have weakened sharply against the dollar.