The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
* Murking waters ahead but prefer to be an optimist than pessimist, life seems better!!
* Oil rise sees Equities claw back some loses, whilst Yields rise….
– June Brent has rallied from $16 (lowest level 1999) to over $20
* Senate passed a $484bn fiscal package aiding risk sentiment
– Mnuchin “we need to spend what it takes to win the war”
– also believed “most if not all the US economy…