Warning of an uncontrolled state insolvency? Meh…
Tell me something I don’t know…
Stocks are at session highs, oil is within a dime of breakeven (after OPEC leaks a small quota hike) and EUR/USD is at session highs, knocking on the door of 1.4700 once again. 1.4693 is the afternoon high so far. Look for an effort to at least trigger a 1.4700 barrier and the stops just above that level. Protection of the barrier from an Asian central bank is rumored.