Intraday Market Thoughts

Archived IMT (2009.04.20)

by Ashraf Laidi
Apr 20, 2009 18:29

Asian equities expected to show losses of 3%-4% losses, which will likely add to damage in Aussie & Kiwi vs USD, JPY and even EUR. Nikkei-225 eyes 8,770s & Topix at 830s. AUDJPY vulnerable to 0.6720 and AUDEUR eyes 0.5330. We asked on Friday "who woud want to buy GBP ahead of Wednesday's huerrendous Budget". Cable lost 270 pips b/ween Friday & Today. Watch Ashraf on CNBC Europe from 6.15 am to 7.00 am London Time tomorrow.


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