Unnamed Sources and Oversupply: Following on from the huge NFP beat last Friday, this week’s US calendar is relatively quiet. With only Unemployment Claims and Retail Sales to come, it doesn’t look like anything will shift sentiment back away from a December Fed hike. This of course will most notably effect the US Dollar and see strength most likely continue through the week. With the USD course back on track, traders are looking elsewhere for the best opportunities and an interesting Reuters
↧