Gold is heading towards 1000 according to Michael Macdonald, Director of XATS, a UK-based technical research consultancy.
The spread of implied volatility between Italian and UK equities (FTSEMIB vs FTSE100) is too high, according to Tristan Abet, Cross-Asset Strategist at Louis Capital Markets.
Tony Sycamore, Senior Dealer Institutional Foreign Exchange at Commonwealth Bank of Australia, remains bullish on USDJPY.
The US 10 Year Yield has bounced but needs to breach 2.026 to confirm a recovery, says Chris Williams, Senior Broker at Newedge.
All major currencies are underperforming against the USD, but AUD is by far the weakest, according to Cornelius Luca, Global Chief Technical Analyst at Thomson Reuters.
The US dollar will continue to strengthen, commodity prices will stay under pressure and bifurcated US equity performance will remain an ongoing theme, according to Ari Wald, Technical Analyst at Oppenheimer.
An ABC pullback to just below 121 has set-up a long trade in USDJPY, according to Tony Sycamore, Senior Dealer Institutional Foreign Exchange at Commonwealth Bank of Australia.
All metals are down in the one-month but platinum is the weakest of the lot, according to Cornelius Luca, Global Chief Technical Analyst at Thomson Reuters.
Fund management cash levels have jumped to their highest level since the Lehman crisis, according to the BofA Merrill Lynch Fund Manager Survey for July.
Tactical indicators continue to support using short-term pullbacks in US equities as buying opportunities, according to Andrew Burkly, Portfolio Strategist at Oppenheimer.