IIFT Daily Note with Peter Brown

Bank holiday in UK and US

Posted by:  |  Time: 7:28 am  |  Topic:
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Market should be quiet today and short. This morning is a session in Europe. Nothing in the US this afternoon.

We need some days to sort this market out. The last correction lasted 5 days. There is no clear outcome yet, we may have another sell off in store before confidence is restored.

Today levels are:- S&P 1655  1648   Euro 1.2990  1.2910

Better to take the day off.

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