From the Floor: Gasoline, oil diverge on Harvey's impact

Daily Morning Call

From the Floor: Gasoline, oil diverge on Harvey's impact — #SaxoStrats

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August 30, 2017 bonds, commodities, fixed income, forex, from the floor, fx, home.saxo, morning call, saxotrader, saxotradergo

Hurricane Harvey has already knocked out 25% of the US' refining capacity and is now headed east towards the refineries of Beaumont and Port Arthur, Texas. Meanwhile, a risk rebound has EURUSD looking heavy.

• JPY dumps again as risk sentiment rebounds

• Trump response to latest North Korean threats muted

• Downside break of 1.1910 in EURUSD could place 1.17 in view

• Gasoline and crude prices diverge as Harvey heads east

• Core bonds close to year-to-date record