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: Renewed hopes of a US-China trade deal have sent risk-appetite surging across global assets this session. Elsewhere, central banks are in the frame as New Zealand's surprises by merely pushing out its hike guidance and the market wonders how Sweden's Riskbank will spin a bad situation.