Concerns over the Mid-East conflict have basically been absorbed by the BEGOS Markets as a “ceasefire” comes to the fore. The Euro, Swiss Franc and Spoo are at present above their respective Neutral Zones for today, whilst below same are both Gold and Oil; session volatility is firmly moderate. From yesterday’s Oil high of 78.40 to today’s low (thus far) of 64.38 is a -17.9% drop. Copper has been resilient even as its “Baby Blues” (see Market Trends) continue lower still; the red metal’s cac volume is moving from July into that for September as too shall be the case for Silver over the next day or two. The Spoo (on a continuous cac basis) has today tapped 6140, the all-time high being 6167 on 19 February. Today’s incoming Econ Baro metrics are June’s Consumer Confidence and Q1’s Current Account Deficit.