A handy look at this morning’s Risk Environment by the awesome @ArnoVenter9
(recommend checking out his Discord)
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Risk
sentiment is mostly mixed as we move towards the European open.
Equity
futures across APAC, EMEA and NA have traded in very tight ranges.
Commodities
continue the mixed risk theme as energy is mostly positive with WTI and Brent
marginally off their recent lows, while precious and base metals are trading
mixed.
Bonds are
mostly higher across the board (yields lower), arguably helped by last night’s
US 10-year note auction.
In FX the
risk picture looks slightly more constructive as the high-beta antipodean
currencies (AUD and NZD) are leading the major currencies to the upside, while
the CHF is the laggard.