Risk is on as the market files the Anglo Irish wind-up as a big problem for a small country today. We may yet become concerned over the matter, once the price tag becomes clear, but right now, avert your eyes…
The S&P is recovering most of yesterday’s slide and rates and commodities are both on the climb.
EUR/USD is underpinned n the 1.2750s while AUD is chipping away at protection of 0.9200 barriers.