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BONDS – Some of the biggest names in the investment world have been whipsawed by the recent rise in global yields and volatility in the currency market with investors bracing for more sharp moves later this year stemming from central bank actions.
COMMODITIES – During the overnight trading session most commodity prices continued to stabilize after the recent selloff in the futures market.
CURRENCIES – The US dollar hit its highest level against the yen since late 2002 and was slightly higher on the day in Europe.
ECONOMIC DATA – US Unemployment Claims and CAD Current Account due at8:30, US Pending Home Sales m/m at 10:00, Natural Gas Storage at 10:30, Crude Oil Inventories at 11:00, NZD ANZ Business Confidence at 21:00 ET.
– Trading Team, Rios Quantitative LLC
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