An Important Week ahead for Euro, Aussie, and Risk Markets The developments in the markets last week were rather unexpected by us. The anticipated selloff in equities didn't happen and US indices were only staying in familiar range. Asian stocks were boosted by talk of additional stimulus by the Chinese government as economic outlook worsened. The MSCI Asia Pacific index staged the strongest weekly advance for nearly a year. And the risk appetite helped boosted commodity currencies broadly higher. Aussie, Lonnie and Kiwi all gained broadly, in order of strength. While treasury yield had another decline attempt, loss was limited and quickly recovered. The resilience in yields and stocks lifted yen crosses towards the end of the week and the anticipated sell-off in yen cross also didn't help. One more important development was the turn in fortune in Euro. In particular, EUR/GBP reversed much of March's gain and is now looking a bit bearish. There were again, renewed speculation of stimulus from ECB just ahead of this week's meeting. Full Report Here... | 
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