Gold pattern pointing up, page-1167

Dictionary, who know how capital market will react to a potential Grexit. The 10yr Bund current sell off is not "saying" the german economy is fearing the worse. On fac value it is saying interest rate in EU is likely to rise, hardly panic station to Grexit. Gold rise could be in reaction to Grexit but then again I take the view of a weaker USD instead.

Markets are forward looking and the European bourses and the Euro is also saying business as usual. These are the "facts" I can see but anything hidden insidious working behind the scenes are not showing up so our local asx200 sell off I suspect is China centric. A report I read today saying that majority of their capital cities property prices are falling. I checked HangSeng and that is sure looking like very elevated levels similar to Shanghai Index so maybe just the news market needed to hear for more Chinese stimulus. Everyone else doing it so why shouldn't the Chinese come out with bigger rate and BRR cuts?