The various exchange rates (A$, Euro) against the US have strengthed - positive signs that the markets are more confident.
Also London Metal Exchange has alreaday shown some recovery. Copper is currently +170. At least the slide is arrested at this moment. I was shocked to see how much the base metals had dropped last Friday.
https://rbssemprametals.com/Commodities.asp
What we need to see next is the LIBOR and the TED Spread. If both show significant improvement - global market would start a good recovery. Moreover, China just announced a drop in their inflation rate.
Cheers Everyone
JK5
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