Follow the Bonds.
There is a new sheriff in town and her name is Lagarde.
Bonds down=Banking stocks up.
Bund 200 DMA is 170.01
Noteworthy; Silver is up on the currency crosses against the Euro & Yuan.
Typically with a risk on board you’d come in and expect the metals to get hit.
Yes, Gold is weak against all the majors but it is hanging in in Dollar terms.
Below is the conversation with Yra and Pax from Friday.