FT: The worst of the euro crisis is yet to come
Reuters: Euro bond would get member's weakest rating (S&P)
Of course, bloggers/FX advisory sites are out, en masse
FX Daily: EURUSD: Hold short as selling accelerates
Zero Hedge: Merkel Loses Big, See Ya (ok, so i summarize)
3-day weekends have not been good for global equity markets (Federal Reserve Bank announced emergency liquidity measures, Soc Gen, October 1987, all occurred on a Tuesday following a long weekend).
S&P Futures down only 5, gold up (of course). Just a bunch of screen jockeys playing poker with each other, and some irrelevant babble about a lower Aussie Dollar can be ignored for now. We will see when Europe opens. More as it comes in.
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