IIFT Daily Note with Peter Brown

Not finished yet

Posted by:  |  Time: 7:09 am  |  Topic:
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Despite having reached the 1100 target on the S&P, I don’t think this move is over yet. First bank yesterday to hold up their hands and ask for help. Oh dear the European’s have a load of Anglo’s!

S&P should find suppport around the 1080 low for a while. Euro is going below 1.30. Gold inching higher.

Markets are extremely volatile, watch the bounces. Rate decisions and Non farm payroll this week.

We will need a lie down Friday afternoon!

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