In the last week HSBC reiterated that it expects €/STG parity by the end of next year. Last week we had a so called "Flash Crash" with sterling plummeting in Far East Trading. The question on traders lips with €/STG around 0.90 is where to from here?
Also with the Oil price now above $50 a barrel how will that affect the equity markets? General wisdom is that Oil above $50 and heading higher is good for equities but Oil below $50 and heading lower is bad for equities. So where is oil going?
If you are interested in finding out more check out at our Investing and Trading Summit on the 22nd of Oct, http://www.iift.ie/investing-trading-summit/ with David Murphy of RTE, Pramit Ghose of Merrion Capital, and Peter Brown of IIFT among others offering their insights.