-
Profit Taking Seen as Traders Eye US Data
As the week, month and quarter draws to a close, we appear to be seeing some profit taking after what has been a very interesting week for markets. Investors Prepare For Less Accommodative Global Monetary Policy This week has seen a number of central bankers adopt a more hawkish view on their respective monetary outlooks which has pushed up yields and seen the pound, euro and Canadian dollar quite heavily bid. The comments also appear to have weighed on equities in recent days as investors prepare for the end of ultra-accommodative monetary policy from some of the world’s largest central banks. While the process is ... (full story)