Editor’s Note: Mr. Vialoux is scheduled to appear on Michael Campbell’s radio show at approximately 12:05 PM Eastern (9:05 Pacific) tomorrow. Available on the net at http://www.cknw.com/
Currency was the driver for world equity markets yesterday. The Euro fell sharply following comments by European Central Bank President Draghi that European economies continue to weaken. Conversely the U.S. Dollar Index moved higher. Both remain in a six week trading range.
Grain prices continue to shoot skyward with no signs of a peak yet.