U.S. equities rally on no bad news. Hopes are high on Spain receiving bailout money.
The S&P is poking its head above 1405 for the first time, and it seems like we will stick a close above this key resistance level.
Gold is up 0.75% or $12 and oil has begun to rally above $95 per barrel.
Spain is up 4% on their closing bell while Italy is up nearly 2%. Spain and Italy’s performance hs helped out the rest of Europe’s markets.
Treasuries on both sides of the pond have continued their rallies. The dollar remains strong.
If you enjoy the content at iBankCoin, please follow us on Twitter
