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19 Nov 2023

Risk sentiment rebound

• Positive tone. Risk sentiment improved on Friday. Equities were firmer, oil & copper rose, & the USD lost ground. The AUD rebounded.• Holiday markets. It looks set to be a quieter week due to US Thanksgiving (Thurs), reduced US trade on Friday, & with few global events scheduled.• RBA speak. November meeting minutes are released (Tues), while Governor Bullock is appearing on a panel (Tues), & delivering a speech (Weds). Twists and turns continued on Friday with markets ending the week on a more positive note following Thursday’s negative tone. European equities rose (EuroStoxx50 +0.9%) and the US S&P500...

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