Daily Alert: Wednesday 27th March 2019

Mark NugentDaily Alert, March 2019

Daily Alert: Wednesday 27th March 2019

The US 3m/10y bond yield inversion continues and the expectation of at least one US rate cut this year increases from 65% yesterday during the webinar to 75% today. Amazing really.

The NZD falls as the central bank says risks to the economy now skewed to the downside.

API oil inventories show a surprise build.

The EUR and GBP continue to trend. GOLD moves down as the USD moves up.

We have difficult trading conditions this week, with little trending and moves, where there are any, being small.

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