Cross-market overview - Scotiabank

FXStreet (Guatemala) - Eric Theoret, CFA, CMT Currency Strategist at Scotiabank explained an overview on general cross-market conditions.

Key Quotes:

Bond market volatility is permeating into broader markets, putting pressure on global equity indices.

"China’s Shanghai Composite forming a bearish hanging man doji."

"Though Greece remains unresolved, focus is shifting to OPEC and Friday’s U.S. employment release.

"EUR is outperforming, pulling along most of the European currencies."

"AUD is weak on the back of weaker domestic data".

"Risk lies with the broader tone, as we consider the ongoing impact of violent adjustments in positioning across asset classes."