Monday, August 8, 2011

EPIC NIGHT AS ASIAN TRADING, FUTURES ROUT CONTINUES

So...when's the weekend guys? Oh wait...its only Monday night.

Nikkei  -4.43%
Hang Seng -6.5%
Korean Kospi -9.5%
DOW Futures -264


Europe to open soon, which should see the SocGen/ UniCredit collapse rumors only intensify.

Zerohedge now speculating that The Bernank won't be able to afford the luxury of waiting until 2:15pm EST to announce QE3, and that he might be forced to make the emergency announcement at 7am before the market open.

Grabbin us some pop-corn, shaping up to be one of those nights.