Europe mainly closed today
As far as I’m aware, most of the big European financial centres are closed today so there will probably be little or no activity during the session.
As far as I’m aware, most of the big European financial centres are closed today so there will probably be little or no activity during the session.
9 Responses to “Europe mainly closed today”
Funnily enough, the Asian session has probably moved more today than it often does, even if the trading is a bit thin.
Did we just trip some stops?
Do we Site_problems,last report Sean at 06.52 am
China will continue to buy Spanish debt: Vice Premier
http://www.reuters.com/article/idUSTRE7020QS20110103
stops were triggered but in the wrong direction
The Golden Resources shopping mall in Beijing. SocGen’s Albert Edwards warns that growth in China could slow rapidly
http://www.guardian.co.uk/business/2011/jan/03/albert-edwards-socgen-bear
In Edwards’ view, China is a “freak economy”; its investment-to-GDP ratio is off the scale in terms of size and endurance. “In development history, Korea is the only one that got close. It then collapsed. China is basing a growth model on the most unstable part of GDP. The Chinese authorities have recognised this and are trying to steer the economy over to consumption – which is fine, but it will take a long time.”
The Party Is Over In Australia As Debt And Living Costs Surge
http://www.businessinsider.com/the-party-is-over-in-australia-as-debt-and-living-costs-surge-2011-1
For all the crazy stories you’ve heard about China, the world’s biggest country is going to keep blowing your mind
http://www.businessinsider.com/amazing-facts-about-china-2010-12##ixzz19yHLLPIN
Moring chaps and chapettes, i wish you all a safe and prosperous new year.
Thanks Chris, the Business Insider link was very interesting.