It’s tempting to believe we’re just going to snap back to the old pro-risk trades here if we simply look at equities and some of the USD crosses, but there are more divergences this time around to suggest that the Everything Up/USD Down trade is weakening a bit even if Read More China Cooling, But [...]
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Next drags down the UK retail sector as it warns shoppers will become ever more cautious this year. Read More Next warning of cooling demand hits retail shares
Posted in FX News | Tagged cooling, demand, hits, next, of, retail, shares, warning
It is as if fundamental factors are working in league with notable technical events to keep US crude under pressure. After an extended holiday weekend, the NYMEX futures exchange opened Tuesday to significant selling pressure. Initially, the morning’s opening decline was a carry through on the equity market’s slide through Friday’s close (which commodities would [...]
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