Is this the relative calm before a storm? As we descend on this mid-week, event risk should begin to heighten while investors ponder over the outcomes of the BoJ, ECB and BoE in the next couple of trading sessions. If that is not enough for them, there is always US job numbers this Friday to test ones current market conviction. As expected yesterday’s gains in US factory orders eased some worries about US growth, keeping US treasury prices down for most of the day and allowing the yield curve to shift a tad higher. Since then, investors have maintained caution ahead of other key US data. There is growing market ... (full story)