The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
* Equity markets rally further but are they getting of themselves on the recovery outlook??
– remain very positive but these moves look overdone, especially in NZD and AUD
– albeit is this the start of the move lower in the dollar markets have been looking for??
* Markets shrug off US riots, China / US trade tensions and hope for greater ECB response funding
* Kiwi makes fresh highs along with the AUD…