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RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 04/06/10
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Tyler, good man, could you please explain to me WTF is going on.
Sovereign Wideners Entity Name 5 Yr Mid Change (%) Change (bps) CPD (%) Austria 95.44 +23.33 +18.05 7.96 France 102.11 +22.19 +18.54 8.48 Germany 52.04 +18.70 +8.20 4.41 Belgium 130.33 +18.27 +20.13 10.71 Sweden 43.32 +15.89 +5.94 3.70 Spain 295.47 +15.25 +39.09 22.39 Ireland 297.60 +14.51 +37.70 22.45 Finland 34.28 +13.87 +4.17 2.94
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Is the post-effect of yesterdays news regarding Hungary, or is it something else. I have 30 tabs open trying to figure out what the hell is going on, but there doesn't seem to be anything said, done or perceived that could cause this. I know EUR took a beating, but that only makes this moves more nonsensical. Also, the reports coming out are unusually optimistic about the growth of the Union. Maybe this is related to the ESMA. I do not know man. If you could, please post something about this; this is LEH-esque moves x 100.
Indeed Whoooow,
Whatever is happening, market reaction = total and utter choas.
Where's the exit.....Is there any?
Euro parity, here we come
LMAO