All Bernanke said is what all already knew : that the stimulus is about to end. But that was normal that he said that since he is about to be fired and he wants to tell that what he did was enough.
The Chinese yield curve is inverted, the real problem is not the Fed, but the Chinese interbank market that is collapsing. China Interbank Market Freezes As Overnight Repo Explodes To 25% | Zero Hedge
The new bankruptcy law ordered by European banks is good news for BTPs and Bonds, but what about the Euro?
Not too much : since ECB still does not do anything all is left to the other participants of the currency war and all depends on that more than anything else
The hands of the ECB are tied until September, but if nothing happens, then there will be a risk of inflation rate lower than 1% and this would be a big trouble.
EURO is already in big trouble - they still did not do anything of what they talked about. The "all talk no work" way might have worked for some time, but in the long run it is just damaging EURO
It’s for this reason that I enter short on each bullish movement. Only with the bearish break of 1.28 I will get the certainty of a bear market
I think it's still too early for a restart of UsdJpy. Still short, stop over 100.
yeah,it really affect the big trend.
but we have to know the market, which is influenced by supply and demand
All waiting to hear the same thing from Draghi and to have an unchanged rate for EURO. Level 1.3000 still holding, but with US out of market with a low liquidity even a smaller players can move the market - anything can happen