IIFT Daily Note with Peter Brown

S&P

Posted by:  |  Time: 7:07 am  |  Topic:
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Unbelievable, keeping the S&P down is like holding a beach ball underwater. It just wants to fly up given any chance.

1171 reached last night. Safer in FX at moment, good bounce in Eur/Usd but much calmer. 1.3850 should contain any rally.

Keep away from Gold it is  a confused market ,anything could happen there. Expect we will resume the downside to European markets at some stage today.

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