We live in strange times indeed.
The S&P futures are up another 1.5%. On their way to 820, this is a resistance hurdle of some importance.
What is so strange? It seems that US indexes are following the Asia session instead of the other way around.
The Nikkei is leading, not only the regional stock exchanges but also the US, although there are no particular reasons or drivers.
We also want to mention the squeeze in the final hour on Wall Street yesterday.
And than we have some news from Zimbabwe.
We read in an article that the local authorities are shifting away from the dollar and has chosen instead for the South African Rand as the countries reference currency.
Zimbabwe offers a timeless picture what can happen when the debasement of currency is running out of hand
The S&P futures are up another 1.5%. On their way to 820, this is a resistance hurdle of some importance.
What is so strange? It seems that US indexes are following the Asia session instead of the other way around.
The Nikkei is leading, not only the regional stock exchanges but also the US, although there are no particular reasons or drivers.
We also want to mention the squeeze in the final hour on Wall Street yesterday.
And than we have some news from Zimbabwe.
We read in an article that the local authorities are shifting away from the dollar and has chosen instead for the South African Rand as the countries reference currency.
Zimbabwe offers a timeless picture what can happen when the debasement of currency is running out of hand
One of the consequences is that the local stock index is not crashing at first but goes higher instead.
A false positive, as it is called
A false positive, as it is called
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