A day that made nobody any wiser. In Europe Mario Draghi was talking about deflation risk and in the US Ben Bernanke was talking about short-term inflation risk.
The FOMC meeting just confirmed their September easing actions, but nothing else was to be expected this close to the election in 2 weeks.
At the end most markets were little changed and there is still no new momentum, but there is a slight bearish tendency.
Lets see what direction we get by tomorrow…
Here a couple of links: