Todays numbers are again, different and didn´t really fit the picture.
While things look as if they want to bounce (and the DX in acute danger to look below 80... out come Germany and European consumer confidence numbers with a very large miss plus poor industrial production.
Rationalisation in the market though, is very slow. Normally the EUR would have crashed (and last year, it did so).
I guess, it reads, go with the program: Bonds down, stocks up. Bonds didn´t recover either, after numbers. |
