An interesting picture has developed between the Euro Bund and Dax index futures. Normally they move reasonably well in inverse tandem but not so far tonight. the bund hourly has been showing signs of buying pressure for a while (rounding bottom) and has finally popped. The Dax hasn't shown the expected selling pressure and has remained firmly in it's uptrend channel.
Have the German bond traders just signaled that they expect the world index futures to start dumping or did I miss some german bond news?
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