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 Morning Call, Saxo's experts discuss the perceived thaw in Sino-US trade relations, notably regarding soybeans and autos, and how this might lay the ground for a risk-on move despite skittish equity indices.