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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

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Estoxx and Mini S&P takes another leg lower

  • Estoxx break through short term retracement 3940 (04/05-10/05 rally).
  • Inflation pick up risk, Fed Kaplan yesterday: "Labour should continue to see strong recovery", and new Covid variant is weighing on Risk
  • USD finds a bid, DXY at session high, and the currency test session high against SGD, NOK, CAD, ILS, SEK, MYR,