As the European problems persist, Bunds are making a run for 140! We reached a high of 139.75 after the Italian auction which was an all time high for the Bund, as investors are in essence paying the German government to keep there money.
Stocks look to be heading for a slightly lower open as an inline earning from JP Morgan who historically tend to beat expectations will put pressure for the rest of the day.
More analysis on Monday.
Thoughts and commentary on daily market action, plus my trade log in equities and futures.
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...
-
Equities are continuing the weakness this week, and we breached 140 in the Bund, nearing record low yields in the German 10 year, as well as...
-
As expected the BoE left rates at hold but the real market shocker was the discontinuation of its bond buying program, which lead to a 200 p...
-
Ive been looking at finding automated systems for quit a while and came across FAPS Turbo, and automated forex robot. Sometimes looking at t...
No comments:
Post a Comment