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unread,May 23, 2012, 8:22:46 PM5/23/12You do not have permission to delete messages in this group
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Hi Folks,
everyone should read the following article
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.
Equity markets in Asia are following the positive lead of US and
European stock markets on the back of a reasonably positive Spanish bill
auction, strong Eurozone data, the IMF raising its forecasts and a hawkish
tone from the Bank of Canada.
The Spanish Treasury sold a total of
EUR3.18bn, which was above the target size but yields were higher than those
seen previously.
The lack of market moving data may keep a few investors in
Asia on the sidelines given the nervousness in the market surrounding
tomorrow’s Spanish bond auction.
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,
Recently, a push above 1.0400 for AUDUSD has sent the
pair towards a major resistance line around 1.0450,
;
I must also mention that somebody shoud try to elaborate the fine tuning of the dow with collaborative
contributions;
As a drawback, it should be better to extend the work to the authentication of the dow
accurately
;-)