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IDS World Markets Fri 11th July 03


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Nice move by US, just what the Doc(tor) ordered. Naturally we have a red one, not as red as I'd like but a start. Golds are not exciting so far.... All Ords -0.4%

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What a crap day... started off well then All Ords headed upward in a steady climb doing a sideways crawl into close. It could be a consolidation at the high which means more upside tomorrow. On the other hand it could be a small distribution top. All Ords closed flat with stocks mixed, golds down a touch.

 

Spectacular action on the Nikkei today. Closed -3.22% but not surprising given the recent upside I guess. The rest of Asia all over the place. Volatility seems to be the order of the day...

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Yoo-hoo world markets

 

Uncle Buck

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Spoo-Hoo's-

globex.png

 

Nasty-

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Globex Flash Quotes Link

 

 

euroland

 

Jo-burg Miners Here

 

After Hours-USA

 

Island

 

AM Market Call By CNNMoney

 

From Bloomberg

 

Euro Falls as Schroeder Suggests Central Bank May Act to Weaken Currency

The euro fell for the first day in four in Asia after German Chancellor Gerhard Schroeder in an interview with the Financial Times suggested the European Central Bank should weaken its currency to help the region's exports.

 

ABB's Shares Surge After U.S. Judge Backs $1.3 Billion Asbestos Agreement

 

Buffett's Opponents to Clayton Bid Get Boost as Cerberus Considers Offer

Bloomberg

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