Radio Rallies & Reversals
You can expect a fairly quiet day today in North American markets. Just a reminder that US markets are closed today for the US Thanksgiving Holdiay and will be closing early tomorrow. Overseas, Asia Pacific stocks are shrugging off North/South Korean tensions in andvance of Thanksgiving. Expectations of a strong 'black Friday' are boosting stock indexes: China's Shaghai Composite gained 1.3% and most other regional indexes are in the green.
Other headline news from around the world: China doubled its current account surplus in the 3rd quarter; Business confidence in Germany soared to its highest level in 20 years; The credit default market is pricing in a higher likelyhood of California defaulting on its debt than Italy and roughly the same chance as Spain; and new home sales dropped 8.1% in the the US.
GB
Other headline news from around the world: China doubled its current account surplus in the 3rd quarter; Business confidence in Germany soared to its highest level in 20 years; The credit default market is pricing in a higher likelyhood of California defaulting on its debt than Italy and roughly the same chance as Spain; and new home sales dropped 8.1% in the the US.
GB
posted by Gordon Bell at
7:15 AM
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