EQUITY TECHS: E-MINI S&P: (M5) Bull Cycle Intact 

May-07 06:35

You are missing out on very valuable content.

* RES 4: 5864.43 200-dma * RES 3: 5837.25 High Mar 25 and a bull trigger * RES 2: 5773.25 High Apr 2...

Historical bullets

EQUITIES: European Equities are plummeting in early trade

Apr-07 06:35
  • Estoxx futures (VGM5) has fully cleard the 4600.00, and is now close to test the next immediate support at 4542.27 3.000 proj of the Mar 3 - 11 - 19 price swing.
  • At current levels, the Cash (SX5E) is set to open down 4.5% at 08.00BST.

RATINGS: Affirmations On Friday

Apr-07 06:34

Sovereign rating reviews of note from after hours on Friday include:

  • Fitch affirmed Italy at BBB; Outlook Positive
  • Fitch affirmed Slovenia at A; Outlook changed to Positive
  • Morningstar DBRS confirmed the United States of America at AAA, Stable Trend

USD: The CHF and Yen lead the early gains in G10

Apr-07 06:31
  • The Swiss Franc and the Yen are the best performer into the European session, a continuation of late and from the Overnight session, as they act as safer Haven Currencies give the huge Risk Off Tone.
  • While the USDJPY fell all the way to print a 144.82 low overnight, it has since recovered some 70 pips, but still trades in a wide 230 pips.
  • USDCHF is down 1.27% and is eyeing a test to 0.8477, Friday's low.