Equities: Stocks finished the day flat, rising initially on good ADP jobs data and ISM manufacturing data and falling later on the Fed Beige book report. Should see some more volatility next two days with non farm payrolls approaching and some news coming out of the Eurozone on Greece
Currencies: Pound rallied against the Dollar on good data coming out of the UK, and Euro rallied against the Dollar on news of Greece's austerity plans for budget cuts. First day of trading using dbfx saw losses on my short EURUSD and short GBPUSD positions. These are longer term position trades, so I'm expecting them yield profit over the next 3-6 months.
Commodities: Oil rose dramatically today despite a rise in inventories. Refiners increased their production, however I am thinking oil could be on a higher barrage despite any negative news. This was seen when oil rose to $147 two years ago, despite increasing supply and falling demand. Worried that my 78.50 put will expire worthless ,its only got 2.5 weeks until expiry, but will hold to the end as its now too low to bother selling. Gold continues to rise, beginning to worry about this put as well.
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