- China non-mftg PMI wte! (worse than expected). Asia generally lower.
- Australia...comments by RBA Gov suggested another rate cut could be in the offing
- India services PMI wte.
- Portugal foreign minister resigns...on heels of finance minister resigning earlier this week. Bond yields spike...10-yr yield has spiked 126 basis points to 7.72%. Italy yields up 16bps to 4.56%. Spain up 19bps to 4.76%.
- US services ISM wte.
- US..ADP jobs data bte!! Jobless Claims bte!
- Egypt military deadline on Morsi being watched closely w/protests intense.
- Egypt...late in day...Military ousts Morsi!!
Please continue to visit Soos Global Market Musings for updates.
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(Please note: This article is solely meant to be thought provoking and is not in any way meant to be personal investment advice. Each investor is obligated to opine and decide for themselves as to the appropriateness of anything said in this article to their unique financial profile, risk tolerances and portfolio goals).
Disclaimer: Please read and consider important information related to all communication made by Soos Global on this site by clicking here.
Additional Disclaimer: currently long many stocks/ETFs. Positions may change at any time without notice.
(Sign up to "Follow by Email"! And share with others!)
(Please note: This article is solely meant to be thought provoking and is not in any way meant to be personal investment advice. Each investor is obligated to opine and decide for themselves as to the appropriateness of anything said in this article to their unique financial profile, risk tolerances and portfolio goals).
Disclaimer: Please read and consider important information related to all communication made by Soos Global on this site by clicking here.
Additional Disclaimer: currently long many stocks/ETFs. Positions may change at any time without notice.
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