With many of the major equity indices hitting new highs for the year, it seems optimism abounds about prospects for global recovery. The improvement in risk sentiment and the associated bounce in equities have been impressive – driven higher by better-than-expected US earnings results, improved economic data and growing hopes…
Source:Markets to be Tested by Heavy Week of US Data & Bond Issuance
With many of the major equity indices hitting new highs for the year, it seems optimism abounds about prospects for global recovery. The improvement in risk sentiment and the associated bounce in equities have been impressive – driven higher by better-than-expected US earnings results, improved economic data and growing hopes…
Source:Markets to be Tested by Heavy Week of US Data & Bond Issuance
With many of the major equity indices hitting new highs for the year, it seems optimism abounds about prospects for global recovery. The improvement in risk sentiment and the associated bounce in equities have been impressive – driven higher by better-than-expected US earnings results, improved economic data and growing hopes…
Source:Markets to be Tested by Heavy Week of US Data & Bond Issuance
Speculative investors increased their bets that the dollar would depreciate further, as net short USD positions were extended by USD7.3bn. Short USD positions were mainly built against the euro, which has appreciated strongly against the greenback on the recent surge in risk appetite. Hence, part of the movement in EUR/USD…
