Not adding extra hedges to the portfolio now seems like it was the right decision. On the other hard the Jun performance was affected. After the confirmation of Greece not paying the FMI the world markets are taking a step forwards recovering the losses from Monday. The question now is: will it last? We will
Stocks ended lower on investor anxiety over a recent run-up in global bond yields. Treasuries were slightly higher after a strong auction. The euro advanced against the dollar as a spike in German Bund yields generated demand for the common currency. Gold traded up, while oil soared after OPEC raised its world oil demand growth
The markets should probably continue with a positive course for most of the week, as investors keep adjusting to lowered earnings forecasts and the uncertain direction of the dollar. The greenback may continue to feel some pressure as funds flock to Europe — an additional $5.4 billion went into EU funds this past week, but it