Has oil again called the direction on market sentiment? Already there were signs of risk appetite beginning to wane, but with key safe haven trades such as the yen and gold strengthening once more yesterday, the slide in oil seems to be initiating a correction on equities again and markets are looking ready to sell-off once more. The inventory build of just over 2 million barrels in the EIA report yesterday started to bring oil off its highs and this move is filtering through markets now as sentiment is once more beginning to wane. The bear....
