IIFT Daily Note with Peter Brown

Update

Posted by:  |  Time: 8:48 am  |  Topic:  |  Comments: 2
Trading Is At Your Own Risk - Read Our Terms & Conditions

Sry a bit late this morning. Euro too low will bounce, but trend is down.

Performance of the Dax is important to guage the mood after German elections. US equity markets also really important this afternoon now that there is talk of removing QE2. How soon will the markets start attacking Spanish bonds!

2 Comments

Niall

March 28, 2011

arrow

Hi Peter. What is the best way to profit for the Spanish story?

Peter Brown

March 29, 2011

arrow

Hi Niall,
Selling the Ibex but as yet that market is showing no signs of any attacks.
I think the market is waiting for the stress tests. But untill the story about Spain comes to the fore we have to wait. Ibex at mom is going up and down with the DAX.
Markets are really poor at mom so be patient.

Regards

Peter