US equities closed near to the highs of the day with growth back as the leader, extending last week’s outperformance. Small caps beat large caps with tech and communication the standouts, while defensives lagged. Asian markets have followed Wall Street higher with European bourses set to open flat after the Whit holiday in parts of the region. USD edged just above a four-month low once again as US bond yields fall close to two-week lows. Broader risk appetite saw EUR/USD push to the top of its recent range with bulls keen to break out past 1.2245. USD/CHF and USD/CAD both sit at their long-term lows waiting for the ... (full story)