Macro Morning

By Chris Becker 

Stock markets are taking a hit due to a triple whammy of events overnight, namely the impeachment inquiry vote in the US Congress, the stalled trade talks with China and the disappointing inflation data coming out of the PCE print. Wall Street has lost confidence coming up to the non-farm payroll/unemployment print tonight while European stocks also fell alongside commodities like oil and proxies such as the Aussie and Kiwi. Only gold is holding on, getting back above $1500USD per ounce again.

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