Morning Call by Traders University

On Friday the FTSE 100 closed down 32 at 4,127 and the Dow closed down 37 at 8,146 ending the week with heavy falls. The yen and the dollar again rose as Asian stocks declined and the relative safety of the yen and the dollar was sought. Currencies will remain sensitive to the increased risks in equities. The pound fell against the dollar after rumors that Lloyds may reveal further losses in its second half results in three weeks. In high news today we have the CAD BOC Business Outlook Survey at 3.30pm.