TraderWise

After Friday’s pleasant US employment surprise and a market starting to discount Greece with its European support is pushing ‘risk’ back in vogue. Regulators are look at implementing restrictions for speculation in CDS’s and preventing a ‘run’ on a country. It’s an interesting situation in Europe, you have a vocal Sarkozy stating that Europe is there for Greece, while Chancellor Merkel refuses to give the ‘green light’ on financial aid to the country, not that they have asked for any just yet. This storm is far from over.