Equity markets fell (Nasdaq -2.6% while VIX rose +5.22%). Financial and pharmaceutical companies led the slide, U.S. dollar more firmly supported by high Income – the main market driver. US 10-year bonds 1.85%, German 10-year highs to May 2019 as UK and German inflation hit 30-year highs. oil higher again, gold keeps circling. The pressure on the British Prime Minister is growing. U.S. DOLLAR (USDIndex 95.65) holds on to profits. US returns Up 10 years up – closed at 1.865% & acts at 1.883%. shares – US500 -85 (-1.84%) 4577 (GS -6.97%, BAC -3.44%, FB -4.0%, SONY -7.0%, Nikkei -0.27% […]
