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FTSE / DOW YTD

Morning!


In the US last night, the Dow rose 260 points to 17,895 the Nasdaq rose 43 points to 4,893 and the S&P 500 rose 26 points at 2,066.

In Asia today, the Nikkei was recently up 303.44 points at 19,294.55 and the Hang Seng up 56.11 points at 23,854.07.

WTI crude oil traded at $47.05 a barrel and Brent at $57.08.

Gold settled at $1,152.10 an ounce.

Trade well and prosper!

Quiz of the week's news

4/7.

3/7

I see Caroline Flint has had her normal effect on the energy shares this morning!

What's that skinny ?

Opening Market Summary

Jimmy :-

The usual 3/7.

Spider that can give men four-hour erections found in Tesco bananas

US Futures

Why this stock market should be getting ready tp party like it's 1999

We know the sequel to what happened before...!

BoE tells markets to 'take heed' and prepare for potential shocks

It;s Friday the 13th, eh!

Midday Report

CAD Employment Change -1.0K -3.5K 35.4K

CAD Unemployment Rate 6.8% 6.7% 6.6%

USD PPI m/m -0.5% 0.2% -0.8%

USD Core PPI m/m -0.5% 0.1% -0.1%

USD Prelim UoM Consumer Sentiment 91.2 95.6 95.4

USD Prelim UoM Inflation Expectations 3.0% 2.8%

You need not see many days like today. DAX and CAC going off in completely the opposite direction as Dow and FTSE.

Trouble is at some point companies are going to have to produce profits to sustain those gains in Europe.

Anyway today one small buy in BG. for me at 811. None of my stocks can quite seem to get to my entry point.

Still 71% in cash and hoping for things to go just a little bit lower before I load up as I do think ftse will go though 7000 later in the year.

Are you trying to increase or decrease my anxiety level.

I am already on my third tranquilliser and don't feel any better.

8-)

The market is a s. to call and I am not impressed with my skills this week.

A belated Closing Market Summary