UPDATE: EURUSD < 1.15 but peripheral bonds selling off
EURCHF is dumping
Initial kneejerk reactions have started to fade but overall Europe is 'positive' as EURUSD is lowerand stocks higher (excepty Germany's DAX which is at the LoD) but Sovereign spreads are higher. Initial exuberance in US equities have been entirely erased. Treasury yields are now lower as gold and silver are bid and crude and copper sold. We're gonna need a bigger bazooka Mr.Draghi...
- SPANISH 10-YEAR BOND YIELD DROPS TO RECORD-LOW 1.465%
Europe positive for now...
Though DAX seems undecided...
US equities' exuberance fades
as Treasuries rally...
Gold and Silver up, Crude and Copper down...
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