IIFT Daily Note with Peter Brown

Archive for May 14th, 2015


More flip-flopping

Posted by:  |  Time: 7:40 am  |  Topic:
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Commentary:

Yesterday can be summarised as follows:-

  • Bad US retails sales clobbered the dollar
  • The higher Euro clobbered the DAX
  • The sell-off in bonds clobber the Dow
  • The dollar weakening rallied gold

This market is flip flopping without any clear direction. I got stopped out on a DAX short at Continue Reading →