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Lostplanet22 on 02 August 2011
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Ail said:
Lostplanet22 said:
Mr Khan said:
HappySqurriel said:
Mr Khan said:
So will his numbers rise now that we've got an agreement?

Asian markets reacted positively, and our markets likely will on the morrow


Asian markets have been down since they opened over an hour ago, how is that reacting positively?

It could be argued that the Asian markets are having a delayed reaction to the manufacturing numbers, but they certainly are not showing a significant boost from the agreement.

I read somewhere that they had rallied

hmm...

When the news came that they had an agreement the asian markets reactied positive, when their were more details about the agreement the markets fell and even the nasdaq had a hard time.

the markets fell because of the latests manufacturing report not because of more details about the bill.........

Yeah it is more of an combination of reports,  the reports were not out when I checked yesterday while the markets fell in Asia/Europe...  though.


http://www.zacks.com/stock/news/58195/Stock+Market+News+for+August+2,+2011