Stephen Pope, global equity strategist at Cantor Fitzgerald in London, says there are still a number of undetermined issues, including the pressurereading which is still short of the level that BP itself has said it needs to see to declare the well sound.
Meanwhile, the McCain campaign made fun of Obama's energy proposal Monday by distributing tire pressure gauges reading "Obama's energy plan" to McCain's traveling press corps.
United piled on the pressure in the early stages but Reading goalkeeper Adam Federici kept them at bay with smart saves from Tom Cleverley and Ashley Young.
On reading the whole speech, he argues that a cut in interest rates would not relieve the pressure on the currency and RBNZ intervention would not have a sustainable impact.