June’s First Dose of Reality Has Markets Searching for Signposts

June’s First Dose of Reality Has Markets Searching for Signposts

Middle East markets continue negative theme as stocks fall. Middle East markets stuck to the negative theme on Sunday.. "The resurgence of Covid-19 cases offered a motive for some aggressive profit-taking in equity markets after a long rally.. It's just about the relevant position of the U.S. versus Europe and the U.K. that gives us the conviction that the U.S. dollar is the place to be in.. If you are going to see more volatility in the future, the risk will continue to benefit the U.S. dollar.. "We believe the interplay between the U.S. dollar and equity markets could be the most significant influence on the U.S. dollar, and one which we believe will weigh on the greenback..