Futures off about half a point but could get worse as Hang Seng dropped 2.86% and Hang Seng 2% with the Nikkei down 1% (15,100) and Germany also very ugly, down 2% with the rest of Europe down a bit more than 1%.
China export data slump mainly to blame but we have a missing airplane still, so maybe terrorism (all it takes is a phone call and panic begins) and Russia is still acting up. Japan's GDP growth was also revised lower, so it would be silly if we weren't reacting, right?
Oil $101.20, gold $1,331, silver $20.70, copper $3.03, nat gas $4.57 and gasoline $2.94 with the Dollar still very weak at 79.67.
March 10th, 2014 at 2:29 am
Good morning!
Futures off about half a point but could get worse as Hang Seng dropped 2.86% and Hang Seng 2% with the Nikkei down 1% (15,100) and Germany also very ugly, down 2% with the rest of Europe down a bit more than 1%.
China export data slump mainly to blame but we have a missing airplane still, so maybe terrorism (all it takes is a phone call and panic begins) and Russia is still acting up. Japan's GDP growth was also revised lower, so it would be silly if we weren't reacting, right?
Oil $101.20, gold $1,331, silver $20.70, copper $3.03, nat gas $4.57 and gasoline $2.94 with the Dollar still very weak at 79.67.