By Chris Becker
The whooshing sound of deadlines keeps erupting across Europe, slowly deafened by the silent echoes in the vaults of Greek banks as the ECB ponders its navel and Yanis takes a holiday. European stocks solid off slightly, while bonds were mixed, the Bund seeing a rushed bid while peripheral EU “members” were sold off. In the US, the ISM print was strong, but slightly less than expected as oil crashed on burgeoning supply.
Recapping yesterday’s session in Asia, where the Shanghai Composite had a torrid day before finally finishing up 2%, still in its death throes and on target for support at 3400 points:
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