We also saw higher demand for High Yield bonds, Small Caps and Crude oil. All pointing the same direction.
Overall we can expect more risk appetite and dip-buying activity (yep , they never get enough) in theory but I sense (just a feeling) the game can change for a while very soon. Nevertheless we should trade over facts only, not gut feelings.
Aside of that, and with the purpose of enlightening the unobvious I found these charts quite worrying. Just for us to keep an eye on them tomorrow:
AUD/JPY update, as we were saying recently, the VST top continues to develop indicating risk avertion on these pair
Though most bonds markets rallied yesterday, TNX tanked strangely, same story on 5yr T bonds. As of now is just a heads up. Let's watch it.
Also see how EURJPY stayed below resistance despite rally on stocks....
