[EU ASSET MARKET WRAP] Th
By[EU ASSET MARKET WRAP] There was a big change in sentiment this
afternoon with several factors coming into play with, the catalyst came
from the passing of the Portuguese budget and increased hopes of a
conclusion to the Ireland deal also helped confidence. [STOCKS] rebounded
sharply & almost traded back to flat on the day but falling a mere 2 or 3
points shy. FTSE changed hands at 5694.7 (-4.2 ticks) vs a best on the
open at 5699 & DAX hit 6868.9 (-10.7 pts) compared to a session peak at
6871.7. [BONDS] have recovered slightly after dropping into negative
territory earlier this afternoon, Bunds were 13 ticks offside at 127.16
(vs +78 ticks at best) but now around 127.33 (+4 ticks) & Gilts traded 4
ticks underwater at 120.86 (compared to +68 ticks early on) but have since
crept back up to 121.05 (+15 ticks). [GOLD] is $ 17 softer at $ 1357 &
[OIL] -$ 0.24 at $ 83.62brl vs a $ 82.78brl base
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