Risk trades getting squeezed once again ahead of US trading ...Middle East

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Risk trades getting squeezed once again ahead of US trading
Equities are feeling a bit of a squeeze once again for a second day running, as we are looking to see more of a retracement move to the price action in November and December. US futures are nudging lower with S&P 500 futures down 0.3% and Nasdaq futures down 0.4%. European indices are also seeing red now, down by 0.7% to 1.0% across the board. Ouch.It's now just stocks that are being squeezed at the moment though. Oil is down as well to test the $70 mark, threatening a break below its 200-week moving average of $70.83. The key technical level has been a major support for oil all through 2023, so that will be one to watch going into the weekly close this week.Besides that, Bitcoin is also dow

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