After the big moves accompanied by the rumour of a french downgrade, it is normal that when it did happen, it was a very muted reaction. We had bunds break 140 for the first time and we remain at lofty levels for the Bund. Watch below to see where we might go from here.
Ftse on the other hand had a false breakout from a trend downwards but has come back into the range to continue what has been very lacklustre trading in this index. We have been rnagin 100 points for 2 weeks, with no real volume to push it one way or another. Watch the analysis below:
Thoughts and commentary on daily market action, plus my trade log in equities and futures.
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