Central banks are lining up to support markets, and the biggest impact came from Draghi. This correction in “risk appetite†is more significant, but will it last? A double-feature release in Canada and existing home sales in the US will have the final words in terms of indicators, but oil prices, and the mood in stocks may have the upper hand. It’s risk on for now, meaning the euro, yen and also the dollar slide against the rest, but mood swings are common.
Wrap up of the morning show. In the meantime, the trends are extended, which means a weaker euro.
