Intraday Market Thoughts
Archived IMT (2009.06.30)
by
Jun 30, 2009 5:30
930 on the S&P500, 4,380 on the FTSE-100, and 8,600 on the Dow are the levels to watch for any accumulation in risk appetite. Also watch the US 10 year yield and whether it will test below 3.45%. Our latest article expects yields to reach as low as 3.20s% but maintain the current uptrend intact. Final Q1 UK GDP reading due at 8:30 am GMT and Canada's April GDP due at 12:30 GMT. Watch Ashraf's appearance on CNBC Squawk Box at 5:15 am GMT - 6:15 BST.
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