Risk appetite remain firm (equities, bonds and commodities all doing fine). Multiple signs of a possible EURUSD & EURJPY peak coming hours/day, SEK & NOK continued and will continue to weaken. EURUSD tug of war around 1.30 but a bear divergence will in the end take its toll, we think, same for EURJPY, peaking 107.70?, USD index finding a floor?, EURSEK & USDSEK both up after dipping below the mid body point hence more upside seen both today and coming week, EURPLN flirting with the last trend line support, BONDS to take a breather before yield to continue lower next week, S&P500 first up then down, we think, OMX posted buy signal closing above 1084, OIL as confused as ever.
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SEB tech team