IIFT Daily Note with Peter Brown

Archive for September 12th, 2012


ESM ruling

Posted by:  |  Time: 7:38 am  |  Topic:
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The ESM ruling from the German Constitutional Court will dominate today. We expect it at 9am our time.

The market is expecting a yes vote with conditions. The important issue is the conditions. If they are easy the Euro will probably test 1.2900. If they are difficult we will sell off Continue Reading →