Our market has rallied 50 off the low – it will not lie down – Resources and Energy up – interest rate sensitive sectors down

Resources bouncing for the second day – everything depends on the CPI number tonight – the risk seems to be on the downside but we’ve said that a few times and been wrong. So we just have to wait and see.

Market kicks again led by resources after an iron ore price bounce yesterday – lots of signposts this week – US CPI, US PPI, FOMC Minutes, US Results and an ECB Meeting