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Morning Comment: Archived Editions
Detailed below are the morning comments for the last 5 working days. Please select a comment from those below to view the full details, or alternatively you can select a date from the followng drop down box:
As at As at 07.36 Thursday, 20 Nov 2008 Risk Aversion Dominates
Risk aversion is keeping the dollar and yen in pole position on forex markets, with recessionary fears intensifying in line with growing concerns over the US auto industry. . .
As at As at 07.17 Wednesday, 19 Nov 2008 UK MPC Minutes Under the Spotlight
Recent sessions have seen majors remain within relatively tight ranges, though ebbing and flowing in line with stock market sentiment. Overall, however, recession fears dominate and markets remain cautions about risk assets. . .
As at As at 07.35 Tuesday, 18 Nov 2008 Dollar Drifts Higher in Directionless Trade
The euro saw an intra day high of $1.2742 versus the dollar yesterday but failed to hold its gains as a sharp sell off in US stocks before the New York session close brought risk aversion back into play. . . .
As at As at 07.35 Monday, 17 Nov 2008 G20 Fails to Yield Any New Measures
The weekend’s G20 meeting brought lots of promises of economic co-operation and support for struggling economies but nothing that helped lift the mood of markets. It’s set to be all doom and gloom again this week as markets await the release of...
As at As at 07.35 Friday, 14 Nov 2008 Markets Look to G20 for Direction
Risk aversion kept most of the majors on the backfoot against the dollar and yen, though a late rally in the Dow, which saw it close up more than 500 points, forced both to pare back on earlier gains. However, with global recession the main the...
