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GVI Trading Room john  17:10:44 GMT - 06/20/2016

2-yr 0.745% bid to cover 2.72 vs 3.00 pev.

Livingston nh  14:29:29 GMT - 06/20/2016

Silly spikes worth a small FADE -- SPX, VIX, and Cable (1.4710 stop)

Livingston nh  12:36:43 GMT - 06/20/2016

Today seems just a reaction from too many folks on one side of the boat (aka squeeze) - relying on Brexit betting odds where money is dominant force (still more "small" bets than large) vs elections where everyone gets a vote is a bit of a stretch This starts to smell a bit like the "turnout suppression" strategy - vested interests release poll results or "news" articles showing one side favored by a large majority - this raises the "my vote doesn't matter" discouragement in the "losing" side thus reducing turnout (caution: it can backfire if "winning" voters figure their vote is not needed) Every election is won by one vote but you don't know that one voter so whips are told to kick the doors down to get your people to the polls And no matter which side wins the reactions in the POUND and in UK or EU will surprise

GVI Trading Room john  11:24:13 GMT - 06/20/2016

Equites Risk-on DAX +340 DJ +214 SP +27 10-yr US 1.672% +5.8bp DE 0.049% +3.0 GB 1.200% +7.8 JP -0.144% +0.5

GVI Trading Room john  09:01:01 GMT - 06/20/2016

WEEKLY HIGH IMPACT NEWS: 20-Jun MONDAY No Major Data 21-Jun TUESDAY 09:00 DE- ZEW Survey 14:00 US- Yellen Testimony 22-Jun WEDNESDAY 12:30 CA- Retail Sales 14:00 US- Existing Homes Sales 14:00 US- Yellen Testimony 14:30 US- Crude Oil 23-Jun THURSDAY All Day flash PMIs 24-Jun FRIDAY 08:00 DE- IFO Survey 14:00 US- prelim Univ of Mich Trading Themes -- Markets have decided to take their lead from rising betting odds that the Brexit vote to "leave" the EU will fail to start the new week. Opinion polls have been showing the "Stay" vote closing in on "Leave". Many political experts had been expecting the last minute deciders to favor "Stay". Today, the GDP is stronger and USD has eased. Equity prices have gained as flight to safety demand for sovereign debt has abated. The "Brexit" referendum vote is on Thursday. In addition to the upcoming Brexit vote the week ahead will see the key German ZEW and IFo Surveys. Global Flash PMI data for June are slated as well. John M. Bland, MBA co-founder Global-View.com

GVI Trading Room john  19:58:46 GMT - 06/19/2016

WEEKLY HIGH IMPACT NEWS: 20-Jun MONDAY No Major Data 21-Jun TUESDAY 09:00 DE- ZEW Survey 14:00 US- Yellen Testimony 22-Jun WEDNESDAY 12:30 CA- Retail Sales 14:00 US- Existing Homes Sales 14:00 US- Yellen Testimony 14:30 US- Crude Oil 23-Jun THURSDAY All Day flash PMIs 24-Jun FRIDAY 08:00 DE- IFO Survey 14:00 US- prelim Univ of Mich Trading Themes -- In addition to the upcoming Brexit vote the wek ahead will see the key German ZEW and IFo Surveys. Flash PMI data for June are slated as well. Markets are taking a cautious stance into the Brexit vote Thursday. The vote should be close. The latest polls have been showing the "Stay" vote closing in on "Leave". Many political experts are expecting last minute deciders to favor "Stay". The dovishness of the latest U.S. Federal Reserve policy decision last week surprised markets after its unexpected dovish turn. Fed Funds futures odds on a rate hike in July are now a scant 6% and they only price in 40% odds on one hike by year-end. The German Bund closed last week at -0.020%, +2.0bp on profit-taking. Fixed Income traders nvestors within the Eurozone last week were buying German paper and selling lower quality EZ debt. Flight to safety demand is due to worry a U.K. exit vote could undermine the entire EU experiment. The U.S. 10-yr was 1.607% +3.5bp. John M. Bland, MBA co-founder Global-View.com