The global rally petered out with Europe stocks and then
collapsed in the United States yesterday. At 8:30 AM Tokyo (7:30 PM EST
Wednesday evening), US futures are negative. S&P -6. Dow -52. Nasdaq -16.
Euro 1.1218. Dollar/yen 120.27. Pound 1.5357. WTIC oil
44.10. Brent oil 47.58. Natural gas 2.66. Gold 1107. Silver 14.59. Copper
2.4255.
Treasury yields are; 2-year 0.74%, 5-year 1.53%, 10-year
2.20%, 30-year 2.96%.
The RBNZ cuts its
[Text is Redacted: Purchase September 2015-09 to Read the Complete Chronology]
..........Lew says the US government has enough money to operate through the end of October but the debt ceiling will need raised as soon as possible to avoid a government shutdown and nightmare scenario for markets. Congress has about six weeks to get their act together concerning the US debt limit.
[Text is Redacted: Purchase September 2015-09 to Read the Complete Chronology]
..........Lew says the US government has enough money to operate through the end of October but the debt ceiling will need raised as soon as possible to avoid a government shutdown and nightmare scenario for markets. Congress has about six weeks to get their act together concerning the US debt limit.
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