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Market players continue to shy away from risk as gold goes on to set a new high in Asian trading today at 1,911 adding more fuel to the fires of QE. This QE talk has been around for some time and there is the school of thought that considers such an eventuality as already factored [...]
All eyes are on the NFP’s due out later today and analysts are undecided as to what sort of effect they might have on the market. Given that it’s a Friday ahead of a long weekend we might find ourselves in quite a bit of volatility today so traders beware.
Elsewhere, the global macro-economic view [...]
I am just about to say that sometimes we traders make much ado about nothing especially in view of the highly anticipated meet at Jackson Hole. Fed chief Bernanke came out with nothing specific about QE3 leaving a lot of room for speculation on what sort of official intervention markets should expect to see from [...]
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