Intraday Market Thoughts

Archived IMT (2009.08.12)

by Ashraf Laidi
Aug 12, 2009 1:11

Ashraf will be guest host on CNBC's World Wide Exchange Wednesday from 9:00 to 9:45 am GMT (10-10:45 BST, 5-5:45 EST) discussing the Bank of England's Quarterly Inflation Report, the Federal Open Market Committee's announcement, FX, bonds and more. Risk aversion trades are on a tear especially after the Shanghai Composite Index hits 4-week lows, probing below its 50-day MA. Aussie is the worst performing currency as of late Tues NY, followed closely by NZD and CAD.

 
 

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