European markets are racing higher, as G20 meetings continue to tell tales of central bank intervention to succor world markets. Truth is, momentum is now on the side of the longs. Henceforth, all those who are short will now feel the lash of the true masters of this casino.
Investors will look to today’s G-20 meeting in Shanghai for indications that policy makers are still prepared to move to boost markets after the gyrations since the start of the year. People’s Bank of China Governor Zhou Xiaochuan said he still has monetary policy tools at his disposal. U.S. Treasury Secretary Jacob Lew said earlier this week that an “emergency response” shouldn’t be expected from the group.
The Germans have escaped the sausage machine and are now moving higher.
US futures are firmly higher. It appears recent gains will be increased at the open.
Copper is making the most notable move higher out of all the commodities, which should bode well for FCX.
where mah bears at
The government is trying to force open Tim Cooks back door. This is deeply confusing.
Please!
I am eating breakfast.
Overbought!