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 sees our strategists discuss the overnight equity bounce, dollar-yen strength, fading bonds and the ongoing weakness in the energy and industrial metals commodity sectors.