management

[so]

Ciao,

this source extract is appropriate
The Spanish Treasury sold a total of
EUR3.18bn, which was above the target size but yields were higher than those
seen previously.
The improved assessment helped to support overall risk
sentiment.
The euro, however, was broadly unchanged overnight, but price
action was fairly choppy following the German data and the Spanish bill
auction.
The euro, however, was broadly unchanged overnight, but price
action was fairly choppy following the German data and the Spanish bill
auction.
and the economic sentiment index advancing to 23.4 from 22.3,
representing the fifth consecutive rise.
U.S. equities rallied sharply with
the DJIA finishing up by about +1.50% and the S&P 500 advancing by around
+1.54% to close the day,
The improved assessment helped to support overall
risk sentiment.
XAUUSD has traded in a fairly tight range all week – except
for a slid last night to around 1634.34
Sovereign yield spreads eased
after Spain had a better than expected bill auction and ECB officials
(Ordonez, Constancio) reaffirmed their confidence in Spain.
But the aussie
managed to claw back some losses (around 5%) and pushed through 1.0400
against the dollar.
UST yields are higher across the curve and 10-year
yields are testing the pivotal 2.00% level, and the dollar index is lower
after being rejected from bearish channel resistance yesterday.

ciao