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Dow futures down 100, eastern indices open down.

Posted on 10/12/16 at 10:04 pm
Posted by bayoubengals88
LA
Member since Sep 2007
18945 posts
Posted on 10/12/16 at 10:04 pm
Haven't seen this kind of movement in a couple of months Friday could be interesting.

]LINK
This post was edited on 10/12/16 at 10:11 pm
Posted by LSUneaux
NOLA
Member since Mar 2014
4490 posts
Posted on 10/12/16 at 10:05 pm to
What about crude oil?
Posted by bayoubengals88
LA
Member since Sep 2007
18945 posts
Posted on 10/12/16 at 10:07 pm to
Down almost one percent...just below $50

The pound is below $1.22 now!
Posted by Omada
Member since Jun 2015
695 posts
Posted on 10/12/16 at 10:57 pm to
China misses trade balance estimates by ~90 billion CNY. Exports down 5.6% YoY.

Tomorrow should be an interesting day. I'm looking forward to finding an opportunity or two.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 10/12/16 at 10:57 pm to
quote:

Friday could be interesting.

What happens Friday? So, tomorrow is okay?
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12577 posts
Posted on 10/12/16 at 10:59 pm to
quote:

What happens Friday? So, tomorrow is okay?


That's what I was thinking.. I went down and looked at the date and made sure I didn't miss a day.
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 10/13/16 at 12:54 am to
Has WSJ published an article on this?
Posted by Omada
Member since Jun 2015
695 posts
Posted on 10/13/16 at 7:12 am to
Posted by Doc Fenton
New York, NY
Member since Feb 2007
52698 posts
Posted on 10/13/16 at 7:49 am to
Yep. That appears to be the main catalyst for the > 1% drop in European markets today.

Other things happening in the background:
* Deutsche Bank issues hiring freeze, and other European banks aren't looking very healthy either
* Sturgeon indicates that Scotland may have another independence referendum, as the future looks bad for UK-EU trade negotiations
* the GBP dropped again earlier this week, but has stabilized for the past day or two, and import inflation is only expected to hit hard after Christmas
* the FOMC meeting minutes from September showed a quite hawkish contingent in a 7-3 vote, and so it's likely that the Fed will begin tightening on November 2
Posted by crazycubes
Member since Jan 2016
5256 posts
Posted on 10/13/16 at 10:14 am to
quote:

the FOMC meeting minutes from September showed a quite hawkish contingent in a 7-3 vote, and so it's likely that the Fed will begin tightening on November 2


If Hillary wins

NBC News, November 11, 2016.

Unexpectedly, all the Fed members who wanted to raise interest rates died in completely accidental car crashes....
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