WTI Crude was as other assets somewhat on the back foot yesterday

S&P 500 (Dec 12) INTRADAY Review Yesterday the strategy came unstuck due to the on-going Fiscal Cliff headline risk. Boenher and his House of Representatives counterpart McConnell made statements that clearly outlines that there are still large barriers in the way of a deal on the structure of a long term fiscal adjustment programme. So, following some decent ISM Non- Manufacturing numbers the market headed south with the Fiscal Cliff comments accelerating the move down below 1400. Apple’s

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WTI Crude was as other assets somewhat on the back foot yesterday

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