One Option Trading Blog http://ift.tt/1Nlj0ma Posted 9:50 AM ET - The market has been flat-lining the last week and major economic releases will breathe life back into it in the next few days. From this point on we need strong economic data. The Fed is going to raise interest rates in two weeks and improving activity would support their decision. China will post its official PMI tonight. They no longer provide a flash PMI so this number carries more weight. Conditions should be stable, but sluggish. I'm expecting the Yuan to be added as a reserve currency by the IMF today. That should help China's market. …
No comments:
Post a Comment