The New Zealand dollar is the best performer today while the Canadian dollar lags.
FX performance vs USD
Meanwhile, the Canadian stock market is among the best performers while Italy and Brazil lag.
Stock performance
Bond rallies have pared back but Germany at 0.76% is remarkable. Confidence is evaporating in the periphery and that’s a major concern at the ECB.
Meanwhile, the commodity market doesn’t show any kind of stress today. Oil fell to $80.01 but it’s rebounded to flat on the day.
Commodity market performance
