From the Floor: Risk returns after weekend worries —...

Daily Morning Call

From the Floor: Risk returns after weekend worries — #SaxoStrats

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September 11, 2017 bonds, commodities, forex, from the floor, home.saxo, macro, saxotrader, saxotradergo

Traders were loath to carry much risk through the weekend given Hurricane Irma and North Korea's Foundation Day, where many expected a new weapons test, but today's session sees sentiment rebounding.

• USD and equities up, gold and bonds down as risk rebounds

• China cuts RRR from 20% to 0% in effort to curb CNH strength

• Irma impact less devastating than expected, insurers in focus

• Copper's three-month rally ends with determined selloff

• China speeds up EV focus, investors eyeing Tesla