Market Review Yesterday’s session again saw some large scale movement across the asset classes. The highlights being the Dax’s 250 point capitulation following a twitter rumour that Germany are to see their credit rating downgraded. However, we felt the best trading opportunity came after ECB’s Weidmann made perhaps the most ‘dovish’ comment of his career where he indicated that the ECB may cut rates if economic data warrants it. The immediate market reaction was lethargic giving plenty of
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The Bund broke to new highs in a 35 tick move