looks like the tug of war is one between positive US economic...

  1. 5,331 Posts.

    looks like the tug of war is one between positive US economic data vs European debt worries.

    keep an eye on the USD vs EUR and AUD exchange rates they are continuing to fall away this morning, could be early warning signs of equity market weakness.

    has been quite a few positive announcements in the spec resource sector this morning with varying rates of success.

    I remember a time that seems so long ago, some of those announcements today would have led to rampant shareprice rises, then I wake myself from a nice dream and remind myself to trade the market conditions you are in.
 
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