From a spectator point of view the stock markets are great watching
The late collapse in US stocks yesterday is going to raise nerve levels today. The NYSE has already invoked the control mechanisms for the open
Do we open higher as futures suggest (S&P currently +41) or will yesterday's falls continue?
European stocks are clawing their way into the green and will be driven by the States when they open
Based on futures the obvious open is up but will it last? Are stocks now trading the Fed and are stock bulls in the same boat as dollar bulls after getting their arses handed to them on Friday and Monday?
I'm going to consult the crystal ball again and say they go up early and tail off again in the second half of the session
What say you fair people of ForexLive?
