Region. Where mark mobius is putting his money. In stocks, and by the way, gold. Think about it. If you are not getting anything in the bank at these low rates, it makes sense to have gold in your portfolio. Anna missing out on the everything rally. Boil weakens and iron ore slumps as much as 4 in singapore amid supply concerns. Watch miners at the start of european trade. We are less than half an hour from the start. Welcome to the market open. We are without the u. S. Today, independence today. Lets look at where futures put markets on european trade. Lackluster in comparison to stateside yesterday but we joined in with some of the rally in europe yesterday. Cac futures, ftse futures, dax in the green but not by much. Be aware of low volume. Happens with lowvolume. In the Asian Session on the bloomberg, giving us a picture on the gmm function. Volume pretty low, investors thinking about the record highs we have seen on stocks in the united dates. Also thinking about the b readth of t
Planned sales tax increase the o suzuki shares cross increase . Suzuki shares crash. Who is next . That is the big question. We are going to kick that around. We need to talk about the fed. The markets are paying attention to these guys. They dont have a vote. Why is the market listening . Matt this is really what is moving markets around the world. We saw asian markets down. The u. S. Cash trade was down on this. There is a political event in washington, d. C. Where all three of those nonvoting fed members are speaking. I think the reason the market is listening is because of shock. They are not only saying june, not only do we expect two rate increases but possibly three. Both lockhart and williams said two or three. That is pretty astounding since the market was only expecting one at the most. Interesting what is is, where do you go to for information on the fed . This is one of the things im looking at this morning. The functionk at on the terminal, the probability of the june rate