Our man Button was in fine form as he covered Eamonn for a while over the Asia session
Month/Quarter/Half end is usually a big deal for markets and Adam had one of the reasons why;
Why stock markets could fall early this week
The S&P is currently camping at the lows under 1900 and it's a similar picture for the Dow and Nasdaq
It's very hard to separate what are end of month flows from sentiment but the fact that the dollar or risk couldn't rise significantly on a hawkish Dudley, and then fell on a minor miss in the home sales data is telling, at least for the US session. What we have heard from FX traders is that liquidity is reduced because of the month end and that will be aiding the moves
Throw Glencore on top of VW and it's easy to see why stocks are looking far from their best too
It's always a difficult time of the year and there's so much going on additionally that it's going to make trading tough. We'll try and guide you through as best we can
As warnings go, nailing one right at the start of the week isn't bad going ;-)
That man Button hits another homer
