Saturday, June 27, 2015

SATURDAY 6/27/15; China Cuts Rates; Eurogroup Last-Ditch Meeting on Greece

SPX 2101. INDU 17947. COMPQ 5080. RUT 1280. DAX 11492. CAC 5059. FTSE 6754. MIB 23.8K. IBEX 11732. PSI 5835. NIKK 20706. SPASX200 5546. KOSPI 2090. SSEC 4193. HSI 26664. BSE 27812.

Euro 1.1165. Dollar/yen 123.85. Pound 1.5747. WTIC oil 59.65. Brent oil 63.26. Natural gas 2.772. Gold 1174. Silver 15.745. Copper 2.65.

US Treasury yields are; 2-year 0.716%, 5-year 1.76%, 10-year 2.47%, 30-year 3.24%. The 2-10 spread is 175 bips indicating a steepening yield curve encouraging traders to buy banks. German bund 0.925%. Japan 10-year yield 0.48%.

Greeks line up at banks overnight pulling money out of ATM’s ................














[Text is Redacted: Purchase June 2015-06 to Read the Complete Chronology]


































................ 39 vacationers frolicking on the beach one minute and dead in a pool of blood the next. Tunisia’s tourism industry will be negatively impacted. Thousands of Tunisians take to the streets denouncing terrorism and demanding more security.

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