Global turmoil contiunues to dominate the scene.
USD, JPY, CHF, bonds and gold in demand the rest not….EUR/USD major sell signal yesterday => 1.39-37-35. CRB/OIL completed right hand shoulde of a head and shoulders top..should hurt commodity ccy’s, EURJPY also strong sell posted yday, EURSEK 9.2250 next (en route 9.28/29), EURNOK latecomer but now on track higher, Turkish equities broke key support yday – USD/TRY to follow suite, beware a 1.63 break, Bonds back in fashion after only a couple of days, Equities clearly rising lower levels.
Skandinaviska Enskilda Banken AB