IIFT Daily Note with Peter Brown

Volatility increasing ahead of weekend

Posted by:  |  Time: 6:43 am  |  Topic:
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Yesterday morning was pretty simple, mood was risk off and then the crazy volatility came back at US close. This continued overnight with the Euro ranging 100+ points. It’s going to get crazy ahead of the weekend. Rumours the EFSF will be leveraged to 2 Trillion. Can’t see that happening.

I am going to wait for the news on Sunady before I get stuck into this market.

In the meantime I am going to job in small.

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