The ECB and the Bank of England made it clear that their rates for many months will remain low

Yesterday's statement from the ECB and the Bank of England's intention to hold rates low for several more months of support for risky instruments

Results of yesterday's auction of U.S. bonds were not impressive. Value received and accepted bids was 2.37 with a mean of 2.63 in June. The yield was 4%.
Stock markets continue to grow, and the index S & P500 is trying to establish a new high in 2009 at the level of 1080.
ECB and the Bank of England yesterday took all the expected decision and promised to lower interest rates for many months in advance. This may support risky instruments (developing, commodity, stock markets and markets for corporate loans).
Swedish krona may suffer from the changes taking place in Latvia, as it moves towards the regime "without the right to progress, which can lead to huge write-offs for the Swedish banks, in particular« SEB »and« Swedbank ».
Euro, Australian dollar and gold stopped growth on the approach to new heights. Now might be a correction before the upward movement resumes.


Saxo Bank