-"Roughly a year and a half ago, crude was trading at all time highs and funds were well long. The day Chinese interest rates were raised the market dumped about $3/barrel and there is a feeling that we are in a very similar situation."
- A London based broker discussing the impact the Chinese hike in interest rates will have on the market.
 
 
 
"The Iranian nation's achievement of peaceful nuclear energy is so important that it could change the world equation. The Islamic republic of Iran has the capacity to quickly become a world superpower if we believe in ourselves... no other power can be compared to us."
Iranian President Mahmoud Ahmadinejad.
 
 
 
"The Fed chairman's remarks were not something the market had expected as recent economic indicators have shown a solid US economy."
Satoshi Okagawa, a senior forex trader at Sumitomo Mitsui Banking Corporation after Ben Bernanke told a Congressional committee the US central bank's policymaking committee may decide "at some point in the future" to call a pause to its rate hike campaign.
   

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