08 May 2010

Benchmarks : Weekly Update

  • Easy commentary this week. Charts of benchmarks instruments unequivocally clear, driven ONLY by fears of EU contagion (overwhelming everything else, including a good NFP). All sorts of weekly trendlines broken or existing trend continuation as a result.
  • USDX : Up
  • US10YY : Down
  • S&P500 : Down
  • Gold : Up

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