Absolutely terrible figures from the US again.
Perhaps people think this will force the Republicans and the Democrats to reach agreement on the stimulus bill and get it passed el pronto.
May also throw in some short covering and the fact that the numbers are so bad surely they will not be sustainable at these levels in the future (maybe another bear mkt rally).
Will be interesting to see whether the DJIA continues to move up when the stimulus is passed, or whether people get faked again.
Also, strong moves on the US dollar by most currencies overnight (Yen excluded) - especially the AUS dollar which was up nearly 3.5%.
Cheers
SBC
Absolutely terrible figures from the US again. Perhaps people...
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