- U.S. stocks post fourth consecutive session of gains
- Italy records lowest Corona Virus inflection count in seven weeks
- USD, oil and gold all weaker on the day
U.S. stocks posted their fourth straight session of gains overnight, supported by news that several countries and U.S. states are easing their Corona Virus restrictions. Traders moods were also buoyed by the fall in the VIX index.
The Big Dollar was largely weaker across the board, with position adjustment continuing to be the dominant flow. Cable was firmer after Prime Minister Johnson returned to work.
Oil prices fell back again overnight, while gold was also weaker.
Expect continued consolidation in Asia today, with players still taking stock after the recent volatility. Data today sees Japanese Unemployment and CPI, while U.S. Wholesale Inventories are due tonight.