Although in some ways market will now be positioning themselves for what could be a historic announcement from the ECB on Thursday, there is still a level of volatility that continues. The oil price continues to fly around and is failing to settle down (falling again after the IMF cut is global growth projections). The reaction suggests there is still considerable concern over a lack of global demand. Wall Street also endured a hectic session with gains giving way to sharp losses only to settle the day mildly higher. Asian markets were also volatile again overnight, but with gains seen across most markets in the region, the Japanese Nikkei … (full story)
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