Over the course of the last two weeks we have reported on the pattern of equity trade that started each global session with Japanese trade finding sellers, with a short bias to Asian trend and momentum reads...The negativity seeping out of the Asian markets weighed on European sentiment and created volatile futures market trade from around 02:00 EST, as the German Dax and U.K. FTSE struggled to find the fair value...The S&P futures market has been working alone in trying to hold global equity trade higher, and on most days has done a great job of setting up Asian markets with initial positive equity momentum that continually fails to follow through... Full Story
