Wednesday, August 10, 2011

Daily Blatt August 10 2011

Bonds had an inside day after the players over-reacted to yesterday's Fed announcement.

Equities were down today, giving up most of yesterday's gains. Copper went with them while energy managed to hold on for only small losses.

Grains & rice were weighed down by the negativity of the stock market.

The $US was clearly stronger against $A, $C, £ and €. Muted against ChF and  Yen.

Prediction for tomorrow: continued volatility and indecisiveness.

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