Week In Review – May 18
- Omnifarious selling in emerging markets this week and signal global liquidity is tightening up
- EM 10-year yields higher across the board from Mexico up 20 bps to Turkey up 125 bps
- Euro periphery spreads blow out. Italy 34 bps wider, Greece 49 bps wider
- EM currencies hit hard: Argentina peso down another 5 percent, now down almost 20 percent in May; sends government back to the IMF
- Turkish lira down over 4 percent
- Dollar index up 1.19 percent
- France CAC up 1.31 percent
- S&P500 down about ½ percent
- Russell 2000 making new highs
- Grains move higher
- Crude continues to march higher
- Gold back below $1300
Lebanon credit default swap spikes to highest level since 2009. It’s a good proxy (no pun intended) for shorting Iran. pic.twitter.com/1Ypve7H4VX
— J Pierpont Morgan (@pierpont_morgan) May 18, 2018
Source: https://macromon.wordpress.com/2018/05/19/week-in-review-may-18/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).