Emerging Money Daily Audio Call July 5 - Markets are very predictable in their ability to quickly erase the quiet buzz of a wonderful holiday weekend and remind investors of the fluidity of global markets.
Italian politics are now coming into the picture as the next trouble spot.
European stocks are under pressure from all fronts including the FX crosses that have defined the funding trades of the last 5 years.
We are watching key levels on the Dollar and the Yen today and are less concerned about the headlines of yet lower rates globally and all-time lows in the US 10yr.
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