Monday, May 18, 2015

TUESDAY 5/19/15; Global Stock Rally; ECB Accelerates QE Program; Euro Drops to 1.11 Handle; UK Slips into Deflation; WMT; HD; DKS; TJX; Housing Starts; SPX and INDU All-Time Record Highs; ADSK; CSC; ETSY

Asia indexes are set to follow the US euphoria and trade higher. The RBA meeting minutes leave the door open to another rate cut so the Aussie dollar drops to 0.795 but quickly recovers to 0.7995. The spike in the US dollar index is placing pressure on Aussie commodities with gold, iron ore and basic materials trading lower sending the SPASX200 down -0.8%. The Straits Times is 
























[Text is Redacted: Purchase May 2015-05 to Read the Complete Chronology]




































oil pipeline ruptures in Santa Barbara, California, USA, spilling 21000 gallons of crude oil (342 barrels) creating an environmental crisis. A four-mile oil slick occurs along the ocean coast and the clean-up is underway. Railroad tanker cars hauling dangerous chemicals derail in Baton Rouge, Louisiana, USA. The train accidents continue.

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