Daily thread to exchange ideas and to share your thoughts
Good day, everyone! Hope you are doing well as we get things underway here in European trading. It's been a quiet start to the day as the Turkish lira remains calm, leaving markets paralysed for the most part.
Some market themes to consider:
- Turkish lira remains calm to start the day
- Markets looking for next clue, pause before further fall? Or turnaround?
- Indian rupee continues to suffer as contagion fear remains in some parts of EM
- Nikkei posts rebound as yen weakens
- Chinese stocks suffer due to poor data, sparking fears of further slowdown
Is it going to be risk-on in Europe later? Share your thoughts/ideas with the rest of the ForexLive community here. :)
In case you missed it, today is also ForexLive's 10th birthday so put on your party hats, people!