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Friday, August 31, 2012
FTSE Trading Report - 31 August 2012
We have the Jackson hole Fed meeting this afternoon commencing at 3pm so we could well see volatility come into the market when Ben Bernanke starts talking. If we are trading near parity (5719) just before the US markets open then the tunnel strategy can be looked at. At this time of day there will be some attractive prices if the market if trading flat.
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