Daily Alert: For Friday 29th January 2016

Mark Nugent 2016 H1, Daily Alert, January 2016

Fundamentals and Sentiment (Video below.) The Vix moved in a narrow range today around 22.5. Commodities rose slightly. Oil rose significantly on rumours of a Russia/OPEC meeting to cut oil production by 5%. Later this afternoon the OPEC members quashed the suggestion and oil lost around half of today’s gains. CAD weakened accordingly. Most stock markets where slightly up or …