· Markets shrug off the worse-than-estimated
· Tech sector rallied after better results from CA Inc. Financial stocks in the S&P rose 4%.
· Borrowing costs in the
· VIX drops back to 31.37. For info, the record high was 80.86 in November and the average over its 19yr history is 20.11.
· Gold stuck around $926. Price has gained 4.5% over the past 2 weeks.
· Oil price slightly higher @ $58.70. 2 week price gain is +10%.
· € drops back slightly vs $: 1.3580. €zone CPI and GDP data to be released this morning. Concerns that the €zone economy may have shrank at the fastest pace in 13yrs!
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