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: Volatility has crept back into equities, halting their run higher, for now at least, says Saxo Equities Head Peter Garnry. Meanwhile, our FX Head John Hardy reports how the AUD dipped after the RBA meeting and Ole Hansen, Commodities Head, notes how oil is torn between supply cuts and macro concerns.