Earnings were in peak form this past session between trade and growth-oriented bulwarks like Boeing and speculative favorites such as Facebook. With risk trends in focus ahead, will the Dollar draw from this common source as well?
The Nikkei 225 continues to perform impressively but may need to negotiate a packed Japanese holiday period before striking out toward key resistance
BOJ monetary policy may be put under pressure from the upcoming US-Japan trade talks where the topic of currency manipulation may be a key sticking point in the negotiations.
The US Dollar and Japanese Yen rose as the Canadian Dollar trimmed losses despite the BoC dropping its rate hike bias. USD/JPY sits under key resistance in its uptrend before the BoJ.
The price for gold bounces back from a fresh yearly-low ($1266), but there appears to be a broader shift in market behavior as a head-and-shoulders formation unfolds.