· US stock market in great shape: DJ +2.3%, S&P500 +2.3%, NASDAQ +3.8%, NIKKEI -0.1% and EUROSTOXX +0.4% and up by 0.2% right now.
· US : cyclical stocks were hot yesterday in NY, thanks to somewhat better economic news (new home sales, PMI and revised GDP for 4Q).
· Tourism and transport remain under pressure: AIR
· VIX is down to nearly 40 (40.3). Gold is up at 935.4 USD per oz as the oil price (BRENT CRUDE SPOT) at 52.3 USD. The USD is stable against the EUR at 1.355. CMS 10-2 years spread is stable at 1.52. The 5y CMS stands at 2.757 and the 3y at 2.264.
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