Its been a good beginning to the week, which is still very young of course, for the 'risk' trade.

  • US equity index futures are still moving higher, regional equities here in Ais are taking notice and are getting a tailwind
  • On the FX front the USd is down a little, EUR, GBP, CAD and notable AUD and even more so NZD are all higher
  • USD/JPY and USD/CHF are little changed

Oil is a touch weaker to open the week:

oil update 23 May 2022