Focus on Carney, Sellers are a mile away from equities – Tip TV

Oct 25, 2016, 10:56 AM

Tip TV’s Nick Batsford and Zak Mir believe the focus today is on Carney’s appearance at House of Lords Economic Committee. Mir believes, “Carney has boxed himself into a corner by cutting rates in August and has little space left to signal another rate cut”.

Coming to a surprising calm in the equities, Mir and Batsford agree there is little/no sign of selling interest, although such a lopsided sentiment is forcing many to question whether a major top is in the making.

Carney and Mir also shed light on the major stories in Business/Finance, broker forecasts and Oanda sentiment chart.

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