 Global financial markets are trading with a risk-on sentiment today, starting from the Asian session and continuing through the European and early US sessions. However, gains in stocks have been relatively limited, partly constrained by recovery in benchmark treasury yields, and partly capped by low trading activity. In the currency markets, positions have shifted somewhat from earlier in the day. While Kiwi stay as the weakest, Aussie is now the second worst, followed by Yen. Dollar, Swiss Franc, and Sterling are the stronger ones. Canadian Dollar and Euro are positioning in the middle... |
