IIFT Daily Note with Peter Brown

Quiet before the storm

Posted by:  |  Time: 6:50 am  |  Topic:
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Markets range bound ahead of 9th Dec summit. Month end today but the up comming summit will dominate. Market will react to rumours for the next week. We are headed for a massive move one way or the other I feel. I am sitting back untill I get a direction.

Too early to call, In the meantime we will get some reaction to bond auctions so keep an eye on those.

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