Monday, November 1, 2010

Radio Rallies & Reversals

Global stock markets finished in the green today, and North American stock indexes are holding on to gains after positive manufacturing data out of China and the US. On the earnings front, 337 companies in the S&P500 have reported Q3 earnings and so far 75% of companies have reported positive earnings surprises. All eyes and ears however, will be focused on tomorrow's mid-term election in the US, followed by the FOMC meeting on Wednesday and a sign of quantitative easing to come.

GB

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