One thing we haven't be short of this year is volatility, and the year has ended with plenty of it. As European uncertainties continue the Euro had dropped below 1.30s, Bund heading up towards the highs, and Stocks chopping back and forth and not really going anywhere.
The three year Long term refinancing Op yesterday created much greater demand then anticipated and this eventually lead to a sell of as the level of demand was troubling investors.
Below is today video update, with a look at the movements in Bund and Ftse as well as Euribor Spreads.
This will be my last post for the year, so have a merry Xmas and a Happy New Year
Subscribe to:
Post Comments (Atom)
Front month WTI Futures plunges to negative $37 as storage costs rocket
It was a move of epic proportions in the front month WTI Crude futures, the significance of which is not really known of yet, but was incre...
No comments:
Post a Comment