Taking a look at futures and FX, all is relatively calm as it seems the market awaits the next plan out of Cyprus, "Good Bank/Bad Bank" and their Solidarity Fund to be voted on, I suppose by tomorrow morning we'll have some idea or more likely the vote will have been pushed off. Tomorrow is also the typical op-ex (even the weeklies now?!?)
There is zip, zero, zilch on the US economic calendar, so it looks like it's going to be all about Cyprus and op-ex pins.
As usual, if I do see anything sticking out, I'll let you know. These markets that are full of fundamental surprises are always interesting because it's one of the few times you can see real, true market trepidation and fear.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
No comments:
Post a Comment