It was another wild ride today with all markets seeing excessive volatility. Equities were knocked lower – but later recovered – while the metals and oil prices jumped, after Saudi Arabia and assorted allies carried out air strikes in Yemen, fuelling worries of a further escalation of tensions in the ME. Early European dollar sales have been sharply reversed ahead of what could be another volatile session as focus turns to the US GDP and also towards speeches from the Fed’s Janet Yellen and Stanley Fischer. Also watch out for Mark Carney who may cause some ripples in Cable. Expect another busy session. Good w/e all. ... (full story)