A certain amount of regrouping appears to be underway as investors try to size-up the risks to the growing theme that world growth continues albeit modestly. That’s the glass half-full version of what some believed might mark the onset of a double-dip recession.

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Seeping US Consumer Confidence Detracts from Risk

On the face of it, the US session ended quite positively though the final closing levels of -0.23% for the DJIA, +0.04% for the S&P and -0.12% for the Nasdaq hid the fact that from the onset these indices had been almost 3% under water. Factors that triggered the second-half

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Strong Rebound For Risk In US session, Is It For Real This Time?

A muted session overnight with few data releases of note to drive sentiment and direction. EUR was mildly positive at the onset as a result of leftover bullishness from Friday’s move, but barely managed above 1.37 versus the USD before reversing. German industrial production was below forecast (+0.6% m/m vs….

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Risk Appetite Lacks Follow-Through In A Lackluster Asian Session