JP Morgan says last week was reinforcement of bullish stance ...Middle East

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JP Morgan says last week was reinforcement of bullish stance
A bit of a rehash from a JP Morgna note on Monday, reiterating bullishness, citing recent economic data, earnings reports, the prospect of a more accommodating Federal Reserve.upside appears to be more muted than when we adopted this stance earlier this yearbut there remains material upsideJPM note risks:Japan's inflation datageopolitical developments that can impact oil pricesUS electionFederal Reserve commentary changes weak seasonality This article was written by Eamonn Sheridan at www.forexlive.com.

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