DBD Strategy Daily - GLOBAL MACRO : the week to come
As August is about to start, we should soon have signals on the Dollar that will either confirm its strength or not. The ascending triangle pattern hints at a stronger green-back. Given the sort of correlations we had in the recent past, we think this would be damageable to equities and probably to commodities. Should the ascending triangle trap the market wrong-footed and break out to the downside, we believe Equities will probably go on rising.
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