Thursday, July 2, 2015

Even if US Data is good...

Square positions. The payrolls' data may be reassuring on US hiring but there are more dangerous curves in the global market.

Weekend and coming week seem unpredictable given the oscillations of frustrated Tsipras and the possible knock on effect of the Chinese stock market. One cannot risk a build up ... although dollar positions may hold, risk mitigation is the key. Commodity prices seem headed south. Gold rises have all been temporary.

As it is a long weekend, long positions are riskier.


Without risk or responsibility. 

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