03 April 2010

Benchmarks : Weekly Update

  • Decent +162k Mar10 NFP is a game changer. Rate hike expectations to dominate market thinking. Long USD, short Bonds the way to go.
  • USDX : Uptrend.
  • US10YY : Just commenced fresh leg of uptrend.
  • S&P500 : Uptrend. No sense wasting bullets trying to shoot this down.
  • Gold :  Still sideways consolidation.

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