US Stocks had a strong day yesterday after having rejected new lows. Still, the big picture is a double-top in S&P500 (bearish), but we might see another strong day today.
Carry Trades getting picked up, but credit spreads are widening a tad.
Gordon Brown took over the prime minister position in the UK. He is likely to be a short-term draw on the UK economy, but David Cameron will take over at next election (bullish for FTSE and GBP).
US GDP revisions for Q1 due today. Also the FOMC Statement after the rate decision today is important (expected at 5.25% - unchanged).
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