Buckle Up…

On April 25, 2012 by TradingDesk

Commodity markets were up 1% 30 minutes ago, then the durable goods order report from March showed the lowest level of orders since the trough of the recession in early 2009, and markets have crumbled. The move is a very fitting one as we await the FED announcement this afternoon as economic challenges around the world have been battling central bank policy for control of the markets all year.

The DOE report is out at 9:30, and the FED announcement is expected at 1:15. With Iranian rumors running rampant in between, expect an exciting and volatile day.

¬†CLICK HERE for a PDF of this morning’s charts

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