Forex | Forex Blog | Forex and Financial Market Update 16 June 2009 (18/06/2009 19:53:37)

Forex and Financial Market Update 16 June 2009

Disinflationary US fundamentals reverse early gains by higher-yielding markets:

The higher-risk, higher-yielders were off to a strong start during the European and early NY session as the markets got better than expected fundamentals out of the Eurozone (ZEW) and hot inflation data out of the UK. Leading into the 15-minutes before Wall St.'s open the S&P 500 futures, crude oil, and the higher-yielding [...]

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