Trade Alert
SHANGHAI (Reuters) -Index provider FTSE Russell has given its final approval for Chinese sovereign bonds to be included in its flagship bond index from later this year, setting the stage for billions of dollars of inflows into the world’s second-largest economy. But a longer-than-expected inclusion period – of 36 months, rather than one year, as
I was personally not impressed with the strength of the bears yesterday. The large break had little volume and it did not continue agresssively on Asia nor Europe. I will keep a mental note of that. Of course, this does not mean that more selling pressure could take the market much lower in the next
I attribute, most of the last 24-hour selling, to market rotation. RUT was doing much better than NQ this morning when it was trading at -1.5%. There have been plenty of intra-day trading opportunities. On the other hand, the market will not trade both ways. It will trade Up or Down and Bulls need to
