Futures falling !!!!!!!!!!

ksonsinc · Jan 25, 2010

Did any new hit the wire of what
The futures looking like they are just falling !!!!!!!!

brocklanders · Jan 25, 2010

Asia is tanking... rate decision from BOJ just came out too... I don't know other than that. The EuroFX went wild around 10:05pm EST and I was wondering what was up too. The news about the Obama spending freeze was earlier in the evening so I'm not sure if that was it or not, maybe so. Oh well, I'm taking the money and running either way tonight!!

RiceRocket · Jan 25, 2010

Obama talking about a 3 year spending freeze.

ChkitOut · Jan 25, 2010

I remember a parable when I was in elementary school about the sky falling. It turned out to be acorns falling from a tree and hitting them on the head. hehe

Anyway, testing fridays lows is no biggie.

cmdtytrdr · Jan 25, 2010

Quote from ksonsinc:

Did any new hit the wire of what
The futures looking like they are just falling !!!!!!!!

That was a nice gap lower...just flushed through a bunch of bids, seems to have stabilized.

Can't find any news...

Croach · Jan 25, 2010

China just raised reserve requirements. 7 day yields just popped 20 basis points.

ksonsinc · Jan 25, 2010

They way it is going i think we are heading way lower.
Has to do with asia i guess

cmdtytrdr · Jan 25, 2010

Quote from Croach:

China just raised reserve requirements. 7 day yields just popped 20 basis points.

Thx. Link?

el pollo · Jan 25, 2010

You would think watching USDJPY or Treasuries might be protocol to trading ES at night, duh!

Croach · Jan 25, 2010

Saw it on the FXCM live news stream. Here is a short writeup that references Reuters. I do not have the source report from Reuters.

http://www.dailyfx.com/forex/market...tml?utm_source=twitterfeed&utm_medium=twitter