IIFT Daily Note with Peter Brown

Still summer markets

Posted by:  |  Time: 8:28 am  |  Topic:
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Nothing has changed. Good rally on Friday but the upper levels held. Expect more of the same today. We are settling into a tighter range now and will probably remain pretty static for the last few weeks of August. Nothing much on the economic calander so we are restricted to ranges. Important to get in at good levels at either the top or bottom.

Ranges today are S&P 1404  1394   Euro   1.2300/25   1.2250

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