By Chris Becker
Another weekly record high for US stocks hasn’t been enough to drag up the rest of the risk market brigade as the USD falls by the wayside, leaving domestic currencies elevated as a result. With a busy economic calendar this week, starting with a ramp up in US quarterly earnings results, but including Aussie, German and Japanese inflation figures, the biggest one to watch will be the FOMC Meeting where another rate rise could be on the cards.
As usual for Monday mornings, I’ll take a step back and look at markets with a longer term view as my “Trading Week”.