EUR/USD Drops after US Inflation Ahead of Eurozone PMI
The euro will be in focus today amid a swathe of Eurozone PMI data and US retail sales, with EUR/USD targetting support at $1.25.
Yen weakness is helping the Nikkei 225 despite a sell off in most other global indices.
Stocks Dip after Shooting at the Canadian Parliament
A shooting at the Canadian Parliament encouraged a sell off in US stocks, with weak oil prices continuing to weigh heavily on the energy sector.
Tesco is under pressure once again after increasing the estimated size of its accounting black hole to £263m.
Copper May Break Below $3 Unless Chinese Growth Hits Targets
Whilst the Chinese government has provided smaller stimulus measures to target a ‘soft landing’ for their economy, the copper price reflects that sellers are becoming more aggressive.