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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

WTI Gives Up Strong Start

COMMODITIES

Risk took a hit headed into the Friday close, with month-end related selling, a series of sell programs in US equities, and concerns over elusive COVID-19 variants impacting vaccine rollouts hitting crude prices. WTI rallied earlier Friday to touch $53.25, before fading as US markets took profits on the rally. This pressured prices to close close to the week's lows of $51.82.

Gold's correlation with equities continued Friday, with prices ramping higher early Friday to top the Thursday highs before fading into the close as equities traded heavy. Gold continues to trade either side of the 200-dma at $1850.65.