Italy 5 year CDS 9 bps wider at 533 bps.
Down fractionally from 43.1 in June and below Reuters forecast of 43.5. July future expectations sub-index falls to 49.8 pointing to a contraction for the first time in 14 years
Thought they might. Just got to wait and see whether Spain and Italy so keen
10 year Spanish/German govt bond yield spread narrows to 532 bps, off 7 bps on day. 10 year Italian/German govt bond yield spread narrows to 445 bps, off 12 bps on day. Hope springs a turtle…..
Oh no Joe, say it ain’t so!! EUR/USD sits at 1.2250, ABSOLUTELY unchanged from when I sat down close to three hours ago. Bummer What ya’ll waiting for!!!!!!!!!
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