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Apple to drive equities today

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Uploaded by on Oct 19, 2009

www.tradingfloor.com
Mixed US figures on Friday. Industrial Production and Capacity Utilization better than expected, but Univ. of Michigan confidence was disappointing.
Not too convincing close in stocks on Friday, but Chinese stocks are higher and commodities also saw some support overnight. Corporate bond spreads are still supportive of the overall risk picture at least in the short term.
Watch out for Apple and Texas Instruments today, which could have a material impact on stocks

For more comment on FX, FX options, equities and commodities go to www.tradingfloor.com

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