Thursday, February 11, 2016

Markets Around The World Are Crashing..........

Markets Around The World Are Crashing

It's grim: Dow futures sink 280 points as global rout gains pace

Crude pushes below $27 a barrel

Gold jumps to 1-year high

Financial markets are repricing for a global growth slowdown. THEY ARE REALLY COMING TO TERMS WITH ALL THE LIES AND BULLSHIT!

Expectations that monetary policy will be able to do much have diminished considerably. This is troubling, because signals by central banks from Europe to Japan that additional stimulus is at the ready are failing to ease investor concern that global growth will keep slowing.  Now that correlation is shifting to bad news is actually bad news. Investors are concerned over central banks' policy options given the market is driven by factors over which they have little or no control over.

Everything is crashing (with the exception of China which is on holiday, and Japan which was mercifully closed yesterday). 

Here are the highlights:

S&P 500 futures down 1.8% to 1814
Stoxx 600 down 3.4% to 304
FTSE 100 down 2.6% to 5525
DAX down 2.9% to 8760
German 10Yr yield down 7bps to 0.18%
Hang Seng down 3.8% to 18546
US 10-yr yield down 5bps to 1.62%
Dollar Index down 0.42% to 95.49
WTI Crude futures down 2.9% to $26.65
Brent Futures down 1.7% to $30.31
Gold spot up 1.9% to $1,220
Silver spot up 1.5% to $15.50

No comments:

Post a Comment