IIFT Daily Note with Peter Brown

Risk on

Posted by:  |  Time: 8:35 am  |  Topic:
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Market seems to like risk this morning despite a negative watch for France and Spain PMI lower.

Euro is at a pivotal point around 1.4450,  need to see a big move off this level to determine trend.

Might be range bound for a while.Heading for non farm payrolls on Friday may be the key. At this stage markets are confusing so be patient.

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