Summer trading with it's thin liquidity at it's best... After yesterday's massive reversal majors are little changed compared to closing prices. Unemployment in Japan hit record high, UK economy shrank less than expected and US consumer spending was up slightly but less than expected.
Gold and oil exploded yesterday but there has been only a little follow through. US equities are in red and over the past few minutes risk aversion seems to be creeping back into the markets. Considering that it's Friday and market has not revealed where it wants to go the best thing to do is wait for the next setup.
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