Daily Morning Call

From the Floor: 'Europe is red hot' — #SaxoStrats

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Global investors are showing 'massive interest' in European stocks, says Saxo Bank head of equity strategy Peter Garnry, and all the signs point to continued bullish developments.

   •  USD on back root as 'Russia/Trump narrative' surges back to life
   • 'ETF flows show massive interest in European stocks' — Garnry
   • Oil supported, but rising production, Chinese demand could limit upside
   • Cotton getting squeezed as export demand hits a six-year high
   • Core yields moving higher as risk sentiment broadly improves
   • French CPI, UK CPI, EU GDP, ZEW data in the headlines today
   • 'The Dax could be pushing towards 13,000, massive RSI divergence' — Larsson