Market overview
FX: USD develops a retreat to 3-month lows, losing 1.6% since Wednesday. NZD and AUD grew following the demand for risky assets. Stocks: On Friday morning, Asian markets returned to 8-week highs; futures for U.S. indices close to its global highs. Commodities: Brent climbed to $65 on geopolitical tensions and the dollar’s retreat. Gold is trading above $1400 for the first time since 2013. Crypto: Bitcoin made another breakthrough over the weekend, at some point rising to $11200.
Important events and speeches (GMT): 11:00 De [!!] Ifo Business Climate
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USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
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