Wednesday, August 12, 2009

Barclays Capital: evidence fixing profits continue to appear

According to analysts Barclays Capital, continued to show evidence that the fixed income market participants. Securities declined slightly since the recent growth, and Japanese yen has risen significantly in the cross-rates - the euro / yen back into the middle of a broader five-band. According to bank analysts, the question is whether the fixation increase profits. Currency strategists Barclays Capital sees the risks of a larger correction, if the Dow Jones index closes below the 9200 mark Brent oil falls below $ 71 a barrel, while the pound / dollar falls below 1.6430. On Tuesday, the Dow closed at 9241, Brent crude oil now trading at around 72.03, a couple of pound / dollar is at 1.6464.

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