GFT Analysts in the News | Financial news including GFT analysts Boris Schlossberg, David Morrison and Kathy Lien's professional opinion. GFT's analysts are often quoted in a wide range of mediums, from online publications to news wires and financial television networks. | |
Spot forex news, comments and analysis from GFT's dealing operations in London.
| |
|
| | July 01, 2009 | | GFT's Morrison is quoted on AHN | In todays article on All Headline News, Wall Street Set To Open Higher Ahead Of Economic Data David Morrison was quoted:
"Another quiet morning so far, but traders are wondering if there will be a repeat of yesterday with prices taking off to the upside once the cash market opens," David Morrison, CFD Market Strategist at London-based GFT, said today.
..."Today is the last day of the quarter so there may be some last minute 'window dressing' as fund managers mess around with their portfolios," GFT's Morrison said.
He added, "Oil prices are higher again this morning, and this is currently being viewed as a positive for the market, as it suggests pricing traction and increased economic activity. However, this view of oil could quickly morph into a negative: a speculative bubble and a drag on economic recovery."
Read full article. | Topic Tags: cash markets, David Morrison, oil | |
|
|
