Serious S&P 500 Trends May Wait for Next Week’s Heavy Docket, USDJPY Keeps Climbing

[MongiIG]

The recovery effort from the S&P 500 and risk assets to start the week seems to have fallen apart these past two sessions. With a docket next week that includes US GDP, FAANG earnings and the ECB rate decision commitment may be hard to generate. However, volatility for the likes of USDJPY and GBPUSD is still very much possible.