Morning Call by Traders University

Yesterday the FTSE 100 closed down 50 points at 4,279 following a heavy day of selling in the mining sector. The Dow closed 108 points at 8,505 gaining support from 8,500. In Forex news there is another busy day in a busy week: A new Libor Rate in Switzerland at 8:30am, Retail Sales for GBP at 9.30am, Canadian CPI at 12pm and American Unemployment Claims at 1:30pm are the highlights of today. Watch out for high volatility.