Have a look at where equities are trading on this second trading day of the week. Mmis is the wonderful g function. Global macro movers. The ftse is up by 3 . Switzerland up by 2. 7 . Markets rising by 2 . We have a whole host of currencies rising against the dollar. Norways krone and icelands krone we should not talk about iceland since they beat england yesterday. In spain,lds falling ireland, and italy. The periphery, we have yields coming down. We have commodities rising. It is very much a risk on rally. This is the count against the dollar in the last 12 months. I have the lending day average moving for you. You know that sterling has sunk in the biggest twoday decline on record. It is over 1 . 200day moving average is over the 50day moving average. The 30day relative strength was over, that means the market has oversold. The bond market, money moving out of the u. K. Bond market. Yesterday, the yield on the u. K. Tenure fell below 1 . We had a record low 30year yield yesterday. T
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