Intraday Market Thoughts

Fragmented Eurozone Politics, 2005 Reminder & Premium Trades

by Ashraf Laidi
Apr 23, 2012 18:56

Fragmented Eurozone politics over austerity implementation is quickly becoming the disorder of the day, while the IMF renews its calls for budget restraint during a doubledip-bound Eurozone.Todays flash PMI from the Eurozone and Germany allow a better look under the hood of the Eurozone machine. We warned in Fridays note that despite the rise in Germanys IFO survey, we ought to give more scrutiny to the already falling PMI rather than the IFO and ZEW surveys. Click here to see todays latest PREMIUM INTERMARKET TRADES, with our charts on Dax vs EURUSD vs German PMIs Non subscribers can click ere:


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