ARE THE MARKETS HALTED BEFORE THE BIG JOB REPORT TODAY..??
Hedge Funds have found a loophole in Greek CDS. If this Reuters report is true, this can cost Athens more than 3 Billion Euros. Gold is trading at $1700 once again as Silver is approaching the $35 level. I guess investors want a good inflation hedge to add to their portfolios. 30Y Treasuries had its largest 2 day rally in nearly two months. Will there be more JPY weakness to support the thesis that risk is back on? Also, the ES average contract size traded was the highest its been in nearly 2 months. Are the big boys anticipating a nice size move after the NFP Job report? In my opinion, the USD will continue to weaken putting a bid under Crude Oil sending it over $107.5 again.