06 May Members Daily Market Analysis

Mr Trichet dealt the markets a harsh lesson yesterday, the expectation had been for a rate increase in June. This clearly is not the case for now. It's one of those days when you'd rather not look at the P/L swing, however without wishing to sound flippant, “this is trading” that said yesterday's move lower in EUR, commodities and commodities currencies was harsh. Now is the time to look for opportunities and in today's video I discuss how we will look to re-enter certain markets. Have a good weekend everyone.