Global Long-Ends Suffer from Lack of Follow-Through Buying

A rally for bonds clearly predicated upon weakening commodity prices and declines for global stocks appears to have hit a brick wall on Wall Street at Monday's opening bell. Equity prices are no longer lower while the inaugural piece of economic evidence for the week failed to provide deserved further

Source: ActionForexall Rss Feed

Global Markets Closed, New Reports Expected

Despite the continued chance of debt restructuring in Greece which threatens to wreak havoc on the regional economy, the Euro rallied to a 16-month high against the US dollar as speculation increased that the ECB will continue to raise interest rates this year.