WHILE YOU WERE SLEEPING

Posted by David Rosenberg - Gluskin Sheff

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Risk taking back on the table to start the week: most equity markets around the globe in the green column (MSCI World index up about 1.0% so far today); the U.S. dollar slumping again (DXY index barely above 75); commodity prices firming (copper and oil both up over 2.0% in overnight trade) with gold hitting yet another fresh record high (touching $1,167.88/oz); resource-based high- beta currencies back on the rise (first time in six days, led by a 1.5% spurt in the South African Rand……read more HERE