Fundamental Updates \Nick Nasad \ 12:39 PM EDT \ July 13th, 2010
Global equities rallied as early 2nd quarter earnings were better-than-expected and Greece held a well received debt auction. That boosted risk appetite and helped “risk-on” trades as the Euro, Pound, and commodity currencies rallied against the greenback. We also take a look at UK releases and US and Canadian trade data.
Daily Video Recap: “Risk-On” Trades Rally on Strong Equity Gains, Greek Auction
Fundamental Updates \ Nick Nasad \ 12:39 PM EDT \ July 13th, 2010Global equities rallied as early 2nd quarter earnings were better-than-expected and Greece held a well received debt auction. That boosted risk appetite and helped “risk-on” trades as the Euro, Pound, and commodity currencies rallied against the greenback. We also take a look at UK releases and US and Canadian trade data.