But initial euphoria seems to be wearing thin; world stocks are now up only slightly, though holding at six-month highs, and. Europe is opening higher after approaching six-month highs. The S&P500 is within touching distance of record highs from last September, though futures are in the red this morning.
Currencies and bonds are in tune with the risk-on mood - we have the Aussie dollar, a proxy for China risk at seven-week highs, while the dollar has retreated, heading back towards last week’s three-week lows.
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Twelve Stars: How powerful; Twelve Apostles, 12th President of the United States (decendent of Whales), and the twelve Confederate colonies after South Carolina became the first State to succeed the Union.