IIFT Daily Note with Peter Brown

Fairly quiet for a change

Posted by:  |  Time: 8:24 am  |  Topic:
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I think we are waiting for Non Farm Payrolls on Friday because this market is quiet for a change. S&P managed to shrug off bad confidence figures yesterday. Hoping for QE3? maybe. Looks like it will be steady today also. Can we reach the 1250 on the S&P, I hope so. Euro range bound. Gold not doing much. Time to take it easy before the big action over Euro debt in September.

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