World markets just keep on rising

Whilst the US market saw a moderate net daily decline, there remains notable hyper-strength in many world markets. China is now higher by 10.0% this month, whilst even Spain - ugliest and most problematic of the EU PIIGS, is +3.0%. Incredible strength... worldwide.


China, monthly, 20yr

Spain, monthly, 20yr

Summary

I am tired... suffice to say... anyone who is getting even moderately bearish should stare at the above charts for a good hour. It would seem the next stop for China is 5K... with the IBEX set to break key multi-year resistance at the 12K threshold.
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Looking ahead

Tuesday will see PPI, retail sales, bus' invents.

*there is also fed official K' speaking.. after the close.
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Goodnight from London