Risk sentiment deteriorates despite upbeat headlines

Risk sentiment has waned a bit into the latter half of the week, as evidenced by the latest minor pullback in US equities. Still, there has been plenty of optimism this week around a solid bout of China data, a report out of the Wall Street Journal that a US-China trade deal might be confirmed in May, and the news of fiscal stimulus out of Berlin.
5 Day Performance v. US dollar
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LMAX Group Research Desk
LMAX Group
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