BofA Merrill Lynch notes in a report on Monday:
- The decline of EUR/USD below 1.10 may be less benign than it may appear at first.
- We believe it is likely to exacerbate an exit from EM, increase the risk of an RMB devaluation, place renewed downward pressure on oil prices, and heighten concerns about deflation risks.


Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



