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Espresso Morning Call: USD strengthens on big risk sell-off
Espresso Morning Call: USD strengthens on big risk sell-off

Selling pressure is growing across major financial markets. We are seeing flow towards safe havens as higher-risk assets such as indices and commodities are being sold. The USD is once more a key outperformer.  

Markets turning on a reset of Fed rate hike expectations
Markets turning on a reset of Fed rate hike expectations

With the Federal Reserve seemingly not as hawkish as some had been anticipating, there has been a shift in the outlook on major markets. This is impacting forex, indices, and commodities.

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