The Asian fairness markets are decrease, fairness futures decrease, yields decrease, copper down, gold down, commodity currencies AUD, NZD and CAD all decrease and secure havens JPY, CHF stronger. It is a danger off day to begin the session.
What’s your playbook for the day? A CAD/JPY brief? Shorting oil? Gold? I am holding my gold lengthy for the longer haul. See right here for my rationale.
What’s your commerce thought?
The USD is reversing yesterday’s features on disappointment the Fed didn’t trace at extra coverage motion. Time for a basic from the Bomfunk MC’s. There have been really having a tour this yr earlier than COVID-19 hit. Would have been nice to have seen them stay although a bit miserable as boyish beauty give method to center age unfold, sigh. Ageing actually needs to be banned. Have an awesome day every body.
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