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Archive for August 16th, 2012

Trading Diary August 16, 2012…FINALLY the Iran Oil Talks will start again

August 16th, 2012

Finally that Oil Rally could be coming to an end, Tehran Times is indicating that Iran +6 talks will meet again at the end of August. This has not hit bloomberg, reuters yet I believe..WTI is at 94.04 and Brent at 115.90.. Shanghai Comp is down again over lower Foreign Investment numbers. Shanghai Futures is down just a little too. At the start of the Europe Session we have eur/usd at 1.2267 and AUD/USD at 1.0480. VIX is at a FIVE Year low. Spain 6.65%. Merkel is in Canada and may speak later.

August 2012