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Politics often set the tone for markets. Though political headlines are big these days, not all markets react strongly. The fact that Italian elections will probably be held already in fall put pressure on the euro while gold got more expensive following that news. Equities are not affected by the fear of risk and are trading close to highs while Saxo's Peter Garnry still has a positive view, in particular on European and cyclical stocks.
Squawk / 22 June 2016 at 20:09 GMT
DAX
22 June
fxtime fxtime
I can't make my mind up on this one to be honest...short term the underlying trend is down but we are close to a break out which is what you suggest above but I have fwiw left a 9955 GTC order to go short should we resume the downward trend. Good chart and I can see why you suggest the move but it needs as you show a break of that wave high.
Worth watching though :-)
22 June
stranger stranger
))
23 June
trading4fun trading4fun
waw, pretty interesting :)

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