Daily Morning Call

From the Floor: 'This is not necessarily over' — #SaxoStrats

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February 07, 2018 commodities, equities, forex, fx, home.saxo, saxotrader, saxotradergo, tradingfloor.com
The S&P 500 staged an impressive rally after its largest two-day drop since 2009, but overnight weakness in Asia raises the question of further losses for equities.

   • Asian stocks soft after US posts strong Tuesday recovery
   • '2,530 is our line in the sanf for the S&P 500': Hardy
   • EURUSD holds the line, 1.23 the key support area
   • Crude oil recovers following API release
   • 'WTI needs to hold $62.50/barrel': Hansen