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Central Banks lose power

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Central Banks lose power Ipek Ozkardeskaya The hectic moves in the financial markets give little visibility to investors who clearly prefer to sit on cash positions. According to the BAML February Fund Manager Survey, investor cash balances reached the highest since 2001. After a two-day rally, Japanese stocks traded south in Tokyo; the Nikkei and Topix lost 1.36% and 1.13% respectively. The European stocks opened higher this morning. The FTSE tested 5900 as Glencore (+8.94%) and Anglo

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