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  • US Fiscal Cliff Averted, Risk Appetite Increases

    From marctomarket.com

    Read Full Story at marctomarket.com

    There seems to a collective sigh of relief. The full force of the US fiscal cliff that could have dragged the world's largest economy into a recession has been averted, even though the results do not seem particularly satisfactory as the debt ceiling and spending cut decisions have been postponed for several weeks. Global equity markets have begun the year with a bang. The MSCI Asia-Pacific Index jumped a bit more than 1%, though the Japanese market remains closed for the holiday. European bourses are around 2%, with the Dow Jones Stoxx 600 up 1.7% near midday in London, led by basic materials, ... (full story)

    • frx_trader

      941 posts
    • EURUSD double tops. waiting for market to pull back to 1.29xx.

    • frx_trader

      941 posts
    • The last time, EURUSD double tops around 1.3150, it pulled back to 1.2700. This time it may pull back to 1.2900 to form double bottoms.

    • Guest

      IP XXX.X.131.196
    • may is the key word here...I have a feeling that the market will defy technical analysis again...let's see what NY session does.

    • Guest

      IP XXX.XXX.226.6
    • hahaha frx you so very funny we still waiting for 1.35

    • Guest

      IP XXX.XXX.159.54
    • markets rise on "NO VOLUME." Who cares? Federal reserve is manipulating bond market. HFT manipulating equity market .

    • Guest

      IP XXX.XXX.159.54
    • Market so overbought.

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