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World Stock Markets Trading Discussion - Enveloping ennui


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All Ords 5-day chart

big.chart?nosettings=1&symb=AU:XAO&uf=0&

http://bigcharts.mar...com/default.asp

 

A round trip for All Ords with the index closing flat and sectors evenly divided.  REITS  gained the most, +1.2% and IT was at the other end, -2.2%.

Flat in Asia: China +0.1%, Hong Kong flat, Japan +0.3%, India closed.

Quiet start in UK/Europe: FTSE +0.1%, DAX +0.5%, CAC flat.

 

big.chart?nosettings=1&symb=UK:UKX&uf=0&

big.chart?nosettings=1&symb=DX:DAX&uf=0&

big.chart?nosettings=1&symb=FR:PX1&uf=0&

http://bigcharts.mar...com/default.asp

 

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Note that bond yields broke out of this high base, but stocks are still stuck in a similar pattern. Will we see a decoupling where the selling of bonds leads to selling of stocks?  I think so, but we'll just have to let the market show us.  

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