IIFT Daily Note with Peter Brown

Economic releases

Posted by:  |  Time: 7:38 am  |  Topic:
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Today sees the start of a raft of economic releases both in Europe and the US. This will give us an indication of how bad the economic outlook really is. This will be a roller coaster ride given the market is  so thin. Overall these figures have to be bad, but there might be a surprise or two in there. The bounces in the S&P have been spectacular, yet it keeps falling back. There should be some good scalping in these releases but overall we still see it lower. Remember the Bank equities they are the key.

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