Video: Apple Doesn't Revive SPX Much Less Risk Appetite, BoE on Tap

Talking Points:

• Apple's robust sales guidance Tuesday after the bell led to a surge for its shares but not a surge for equities or 'risk'
• EUR/USD marked an intraday test of 1.1900, but motivation for this effort was lacking which curbed follow through
• Top event risk ahead is the BoE rate decision with a quarterly inflation report that can offer more speculative grip

Both the EUR/USD and S&P 500 have clear significant resistance recently. What has this remarkable progress meant in terms of speculators' trading? See the IG positioning data on the DailyFX Sentiment page.  (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)

Read the full article here:
https://www.dailyfx.com/forex/video/daily_news_report/2017/08/03/Trading-Video-Apple-Doesnt-Revive-SPX-Much-Less-Risk-Appetite-BoE-on-Tap.html

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@JohnKicklighter



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