Wednesday 15 April 2015

2pm update - time for a fed book

The latest Fed beige book is due at 2pm, the algo-bots will be ready to digest some words, but overall, market looks set for a second consecutive daily gain. Metals have built further gains, Gold +$9. Oil is similarly still on the rise, +4.5%.


sp'daily5


Summary

... awaiting the Fed press release...

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In far more important news though... it is a perfect evening here in London city...

Bullish... 74f

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stay tuned!


2.03pm... it'd seem the Fed is leaning on the positive side (why wouldn't it?)... indexes look set to battle upward into the close.

A weeky close in the sp'2120s... now looks probable.