It was a quiet day in the financial markets as there was the extended Easter Holiday weekend in
much of the developed world. In the Eurozone, there was next to no financial market activity. The
most activity we really saw was in Asia and North America. There was some unexpected volatility in
the markets due to the very thin trading. The most ambitious traders who were willing to take risks
decided to initiate positions in some of their favorite assets. A trend which we continued to see was
the dollar sliding into the abyss. We also saw the euro build on the impressive gains which it was
able to cap last week. On the negative side, there was a lack of strength when speaking of the top
Japanese stocks.
Source: FMtrader’s review