Short
3527 3531 3542 3544 3547
TP 3480
Want to add clearly Asia is showing confusion.Instead of selling they are buying.I contribute this partly to
Unemployment Claims 8.30 am Thurs
and
Philly Fed Manufacturing Index 10am Thurs
although things might change dramatically bearish before NY open
My long term sentiment is bearish towards Euro Zone
German manufacturing down.17-27 % unemployment and little growth until 2017
My bearish outlook includes England as well or the pound
The eurozone is the UK's biggest trading partner.
Official statistics show that nearly 47% of UK exports went to the eurozone , while nearly 43% of UK imports came from the eurozone.
A long-term spiral of decline in the economies of Europe would mean less demand for UK good and services, and that could mean job cuts, especially in manufacturing.
3527 3531 3542 3544 3547
TP 3480
Want to add clearly Asia is showing confusion.Instead of selling they are buying.I contribute this partly to
Unemployment Claims 8.30 am Thurs
and
Philly Fed Manufacturing Index 10am Thurs
although things might change dramatically bearish before NY open
My long term sentiment is bearish towards Euro Zone
German manufacturing down.17-27 % unemployment and little growth until 2017
My bearish outlook includes England as well or the pound
The eurozone is the UK's biggest trading partner.
Official statistics show that nearly 47% of UK exports went to the eurozone , while nearly 43% of UK imports came from the eurozone.
A long-term spiral of decline in the economies of Europe would mean less demand for UK good and services, and that could mean job cuts, especially in manufacturing.
In trading, you have to be defensive and aggressive at the same time