Overview of European & US Markets for 20081203
December 4th, 2008
Last night the europeans all opened lower but then regained to put in pussy figures. Their ups are hardly anything to crow about.
USA did similar… on bad news! Curiously things that used to rock the markets now pump it? Makes little sense but we aren’t in Kansas anymore.
I expect that the Australian market will open a little stronger and because of the decline in metals overnight its more than likely weakness will be in the miners as well.
Have a noice day. 