Daily Morning Call

From the Floor: European risk sentiment wilts — #SaxoStrats

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A series of risks both economic and political, most notably the French election, have driven a wedge between French and German bond yields, as well as between the core and the periphery.
   • French-German yield spreads blow out to the widest level since 2002
   • RBA reluctant to talk easing, housing posing stability risk
   • European stocks could see tail risk from French vote in April
   • XAUEUR at three-month high after breaking downtrend from last July
   • HG Copper holding up to USD strength: Hansen