Markets
- S & p 500 down 2.0%
- Desperate oil Wi lay 84 cents to $ 69.08
- We take 10-year product 10 BPS to 4.25%
- Gold up $ 28 to $ 3084
- JPY leads, nzd lags
What is worried about today's prize activity that there was some good news. Yes, poor expenditure in Pk was hitting them but further marks were in the future. 1) Trump cool things with Canada 2) EU Raise some trade discounts 3) The proverbs of the prospective but above.
Nevertheless, a leg was taken in equity to decline 125 in USD / JPY and brush day on markets.
The target is easy to the highest number around 2 April. At this stage, their weak hands declines out and the buyers are waiting for the fog. Yes, there may be nice ideas of Canada and negotiate Taraithire's contracts, but it is disappointed and that it is an invisible basis. I get that and that's impossible, even if the worse is not worse in the last 9 hours.
Don't worry about the larger picture – especially in light of positive headlines – that's losing the benefit of the doubt. I'm still thinking that 'Trump is shooting' but they play as dangerous as a trade and the economy that may blow against. There can be enough things to go wrong here and that that could lead to an end.
Also not special that the US dollar was struggling today, in spite of brutal sellcots in stock. That the most favorite times that adds money out of the US on the leulok. Today, the Hooreweave I would be busted if some major participants stopped in and was a major capital guide the stock fall to fall 14%.
Overall, it was the headline-line and next week full of risk-events so that it does nothing easier. A great weekend.