Crappy consumer confidence number vs decent numbers by DuPont. Risk crawls higher. VIX looks soggy & path of least resistance seems higher.

Equity view is unchanged, seems to be going higher at a slow pace. Bullish here.

Looks like bonds are turning over here. Gilts, Shatz & Bobl all especially look vulnerable to the downside. Same story with US Curve, downside is vulnerable. Think Neutral and if anything bearish Gilts but think capital better served elsewhere.

This had a knock on effect on the USD last night too, USD stronger across the board in most currency pairs, crude and gold/silver (to lesser extent copper) took a bit of a hit. Think this space has a lot of potential. Long EURJPY, with USDJPY being the main driver. With the Gold/Copper spread, I think individually copper may find it a bit tough going on the topside while gold has potential to break lower into the 1100-1140 area. Bullish USD here mainly agst the JPY, CHF & Gold.