I know we have a race some losses by it is impressive given the volatility we saw with those fed minutes. 5 im glad you bring those up. It is which that fared the worst this week. Telecoms andities, Consumer Staples declining by 2 or more. You can see utilities are the worst performers of the bunch. If the fed is going to start raising rates earlier, that makes them less appealing. Picturear the bigger , the record high was set last may 21. Onhave had the fed following february 11. Belowar later we are 3. 5 that alltime closing high. Looked many times it like we would break that record only to be denied again. That is the story, on those hawkish minutes. Here is the chart. You can see were at the higher in of that range as the market gets set for a continuation. You see that jump up in the last few days. That is the defining story of this week. We are still very much range bound. Looking at the dollar, the dollar consolidating its recent gains. It has advanced for three straight weeks.
According to your analysis will not have that opportunity to bring the right wing positions to the table in brussels not when it comes to the youve been part of the youve been parliament is overwhelmingly pro european prodemocratic even the shifts within countries like germany the votes did not go to the extreme right they have been dispersed amongst the democratic parties so and also in other countries i mean whats so the nice one in italy it was something that we have expected its too bad its a form of on us you know became the Largest Party in france actually yeah exactly but we do not expect such a big block as they would like to be the make them say a larger than the actually are ok the greens were the big winner here in germany theyve doubled their their results theyre now bigger in the European Parliament than the social democrats just behind the c. D. U. Do you see them being able to as we just heard from their Live Press Conference affects Climate Change that is their big issu
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