IIFT Daily Note with Peter Brown

A bit more realistic

Posted by:  |  Time: 7:05 am  |  Topic:
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Some comments yesterday dispelled the rumour of a 2 trillion EFSF. Softened up the market somewhat. We are down at 1.37 and 1202.       1.3650 and 1182 are good supports.

Hard for  the market to break these levels ahead of the weekend. But the mood has definately changed.

Really a jobbing market unless we here something concrete. Overall I still think the plan this weekend will dissapoint.

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