Next 24 hours: Euro gets a boost from German IFO
Today’s report: Risk liquidation carries over into new week
The new week opens up much like it closed out. Risk assets are under pressure, with US equity futures extending declines and negatively impacting global markets. Global growth concerns have ramped up in the aftermath of a recent run of discouraging data and the money markets are now pricing in an 80% chance for a Fed rate cut this year. read report