Tentative market

Tentative market

The theme at present in markets is an extension of yesterday’s rebound in sentiment but it surely’s beginning to look susceptible.

USD/CAD fell as little as 1.3119 however is again to 1.3157 and now barely greater on the day. The opposite commodity currencies are additionally giving again some positive factors and cable is at a session low.

Shares are nonetheless stable with the S&P 500 simply off the highs but it surely’s a fragile market that is nonetheless looking for a footing.

Replace: Down shares go. Currencies are performing as a robust inform on this market.

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