Risk on assets liked led by rising equities (and especially so financial ones), emerging markets, commodities, commodity currencies, credits..basically all except “safe haven” bonds and dollars in demand.
EURUSD still struggling in the 55d ma band, no strong directional conviction for the day, CABLE passed its key resistance, EURSEK and EURNOK is still labelled being in a corrective setback, look for NOKSEK to soon start rising again, EURHUF & EURPLN extending moves lower in an already unprecedented move lower (EURPLN 17/20 days falling), Bund/Notes temporary setback (but new highs (price) are still in the cards), EQUITIES posted a very strong session (Sweden OMX breaking key resistance), OIL stuck in the middle of the range, METALS on a winning streak.
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SEB tech team
