A little cheery with a dose of skepticism on the side
Very much the tone expected as mentioned earlier here. With earnings so far proving to be a mixed bag, the early recovery here is mainly due to the fact that European markets closed yesterday before we saw the rebound in US stocks.
That aside, there's not much positives to go on with E-minis now heading lower, down by 0.5% and that's dragging USD/JPY to flat levels on the day now at 112.47.
