The dollar index traded mostly sideways in very narrow ranges and global equity markets traded higher Friday closing the week on a positive note despite the weak performance of financial stocks in the US as they open the earnings season for the second quarter. With the US CPI number in line there was no momentum to move the markets. Overall it was a low volume trading day leaving global equity markets with very little to show for Friday, ahead of the Trump Putin summit meetings and more releases from US Blue Chips today. Metals traded again lower reversing Thursday trend and OIL closed above 70$ per barrel on a choppy trading day.
US Retail Sales at 1:30 is the important news on the agenda Monday.
Swing trades follow up
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