Risk on mode remains in place.
Again basically slow moves however with the greenback gaining some since yesterday whereas the euro and especially the yen having weakend somewhat. Chinese equities having a good day (so far) challenging the Sept/Oct peaks.
EURUSD having arrived at key resistance levels means a greater risk of at least a setback, SPAIN 10y potential island to be monitored, EURJPY so far capped by its Sept peak, 103.86, EURSEK continued consolidation but preferably a sliding one…same for NOKSEK, EURNOK almost in the triangle apex and still no action?? USDSEK testing prior channel ceiling forming a potential inverse head & shoulders bottom pattern, EURCZK possible same pattern but the opposite way..BUNDS fell heavy and so did the US NOTE (keep an eye at the Sept low!), S&P500 bulls in charge and 1466/68 within reach, OIL slow and GOLD attracting buyers again.
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SEB tech team