US equities ride high, pound dives on uncertainty

Earnings results have pushed US equities to record highs. Twitter shares surged 15% on their results. The US dollar is higher too but, as NAB’s Gavin Friend explains, that’s likely to be because of the fall in the Pound and Euro on the back of growing Brexit uncertainty. Yes, Brexit is back. Oil continues to rise on the back of yesterday’s new on an end to exemptions for companies buying Iranian oil, and the Aussie dollar is looking a little vulnerable ahead of today’s CPI numbers.

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