Nothing much has changed overnight other than showing us that maybe the saying "sell in May and go away" is bang on!
- European markets slid, Stoxx 50 worst down 2%
- U.S markets down, S+P worst at 1.5%
- Greece - nothing new, accept Germany re-iterating what they already said about a join Eurobond.
- Upcoming local data includes building approvals and capital expenditure.
- preliminary jobs number released in the U.S tonight.
Read the full report and where the exchange rate today is headed.
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