Reversal?
I’ll interrupt my blogging silence with a short update on markets. Usual service continues as scheduled on Monday.
Looks we have trading themes reversing course.
Market summary: Shanghai down; U.S. Dollar up; PIGS spreads record wide.
Chart 1. Shanghai Composite
Chart 2. U.S. Dollar Index
Chart 3. Ireland vs. Germany 10 Year Government Bond Yield Spread
Chart 4. Portugal vs. Germany 10 Year Government Bond Yield Spread
Chart 5. Greece vs. Germany 10 Year Government Bond Yield Spread
Chart 6. Spain vs. Germany 10 Year Government Bond Yield Spread
China, Greece, Ireland, PIIGS, Portugal, Shanghai Composite, Spain, U.S. Dollar