· The US Dollar index fell. Risk on. Check!
· Gold fell. Risk on. Check!
· Crude oil closed near flat. Risk on is neutral. Check?
· Euro rose. Risk on. Check!
· Aussie dollar rose. Check!
· VIX fell. Check!
As you probably know, Europe and US markets cheered with the Central banks coordination of joint effort to provide liquidity to European banks. The mood spilled over to Asian markets this morning.
However, by noon, Singapore time
· The US Dollar index inched up. Risk off? Caution!
· Gold fell. Risk on. Check!
· Crude oil inch up Risk on. Check!
· Euro fell. Risk off? Caution!
· Aussie dollar inched up. ...
...
