Australian Dollar continues to track risk sentiment higher, despite the rising concerns over a second wave of COVID cases
Author: n Justin McQueen
Relentless global risk rally while US Dollar slides as investors seek alternative assets.
Both Euro Stoxx 50 and FTSE 100 push higher in global relief rally. Topside challenges remain.
US futures on the front-foot, while the US Dollar is coming under sizeable selling pressure.
Speculative US Dollar shorts slashed. Investors defensive on risk sensitive currencies amid US-China tensions.
Tight ranges give little sense of direction in both the DAX and Euro Stoxx 50. Eyes on topside resistance to cap upside.
US steps up hawkish rhetoric towards China highlighting the rising US election risk. Chinese Yuan to become increasingly in focus.
German Judges dismisses complaints against ECB QE, however, rules that some actions are against EU Treaty.
Historic collapse the oil complex as front-month contract goes negative. Storage concerns to weigh on June contract.
The drop in oil prices has been grabbing the headlines with WTI trading below $12/bbl. However, June contract trades at $22/bbl