Thursday, 24 January 2008

Morning all from the jungle. Stock markets rallied big time last night (hopefully, like me, you managed to ride it up). Yen carries joined in to a point. We shall see if the rally was the relief rally we have been expecting or whether it marks the start of a new leg up.

Today's economics: German IFO business index at 9am and US home sales at 3pm. The bods in suits with "I am a central banker" badges are talking from 6pm onwards.

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