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Equities and USD

CROSS ASSET
  • DXY trade at the lower end of the range, as Equities continues to consolidate Monday's falls, albeit still well short of last Friday's best levels.
  • Surprisingly Gold is weaker, despite the lower USD, instead taking its cue from the bid in Risk, unwinding some of the Safer Haven flow (FTQ)
  • QUICK MNI TECH:
  • Estoxx (VGZ1) resistance is at 4184.00 High Sep 17
  • Emini (ESZ1) comes at 4406 (Did print 4406.5 high so far).
  • Early leading stocks in cash Stoxx600, sees Tech, Real estate and Financial services

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