Market focus Stateside will be on Hurricane Sandy and not on trading books. With Sandy barreling towards the US’s North East coast, has pressured President Obama to sign emergency declarations for several states, including New York. Some low-lying NY boroughs have since come under evacuation orders by Mayor Bloomberg. All US stock and options markets will be closed today and this closure could stretch into tomorrow. European Insurers are already trading in the red as a result of this natural phenomenon and forcing European bourses under water this morning. It seems that Greece is no closer to an agreement with Troika ... (full story)