Proof that financial "news" bits are written beforehand

[glugglug]

On finance.yahoo.com right now:

U.S. action against Chinese textile imports roiled financial markets on Wednesday as a slumping dollar wiped two percent off Japanese stocks and sent gold to $400 an ounce for the first time since 1996.

 

[richardycc]

its wed in china, whats your point?

 

[konichiwa]

OMG A CONSPIRACY

It's Wednesday morning in China now

 

[FoBoT]

hehe, you doobered yourself
they are ahead of us, thats how it works

 

[BrunoPuntzJones]

Originally posted by: glugglug
On finance.yahoo.com right now:

U.S. action against Chinese textile imports roiled financial markets on Wednesday as a slumping dollar wiped two percent off Japanese stocks and sent gold to $400 an ounce for the first time since 1996.

Someone needed to quote it

 

[TechnoKid]

But our markets are closed right now...theres are open?

 

[konichiwa]

Yes. Contrary to popular American opinion, other nations do NOT revolve around us.

 

[gopunk]

Originally posted by: BrunoPuntzJones

Originally posted by: glugglug
On finance.yahoo.com right now:

U.S. action against Chinese textile imports roiled financial markets on Wednesday as a slumping dollar wiped two percent off Japanese stocks and sent gold to $400 an ounce for the first time since 1996.

Someone needed to quote it

bwhahaha

 

[Vic]

Originally posted by: TechnoKid
But our markets are closed right now...theres are open?

You know that the earth is round and orbits the sun, right?

The markets around the world never close. As the NYSE is wrapping up business for the day, the Asian markets are opening (China is 13 hours ahead of New York, Japan is 14 hours ahead). When they close, the European markets open (edit: London is 5 hours ahead of New York).

 

[flxnimprtmscl]

Originally posted by: TechnoKid
But our markets are closed right now...theres are open?

Of course not. The world financial system revolves around our markets.

 

[TechnoKid]

Originally posted by: Vic

Originally posted by: TechnoKid
But our markets are closed right now...theres are open?

You know that the earth is round and orbits the sun, right?

The markets around the world never close. As the NYSE is wrapping up business for the day, the Asian markets are opening (China is 13 hours ahead of New York, Japan is 14 hours ahead). When they close, the European markets open.

Yes I realized that, I was just wondering if someone here could use info from other countries' markets to prepare for our maket opening, which I'm sure people do already.

 

[Vic]

Originally posted by: TechnoKid
Yes I realized that, I was just wondering if someone here could use info from other countries' markets to prepare for our maket opening, which I'm sure people do already.

Yes, they most certainly already do.
In fact, I'm going to predict that the Dow and Nasdaq will be soft and a bit down tomorrow, but that long bonds will be up. I might be wrong though, I forget what news (if any) is supposed to come out tomorrow.

 

[richardycc]

Originally posted by: TechnoKid

Originally posted by: Vic

Originally posted by: TechnoKid
But our markets are closed right now...theres are open?

You know that the earth is round and orbits the sun, right?

The markets around the world never close. As the NYSE is wrapping up business for the day, the Asian markets are opening (China is 13 hours ahead of New York, Japan is 14 hours ahead). When they close, the European markets open.

Yes I realized that, I was just wondering if someone here could use info from other countries' markets to prepare for our maket opening, which I'm sure people do already.

yes, if you can put 2 and 2 together, like the other day, I was watching news from hk/china, it was about a group of buyers coming over to the USA for some big airplane purchase and what not. I wasn't really paying attention, but a few days later, GE, boeing anounced a 1.7bil deal with china.

 

[glugglug]

Of course our market is going to be down..... WAY down tomorrow, there is no question about this.......

About 6:30 it was reported that 48 foreign exchange traders and people were being escorted out of 2 World Financial Center in handcuffs.

 

[Vic]

Originally posted by: glugglug
Of course our market is going to be down..... WAY down tomorrow, there is no question about this.......

About 6:30 it was reported that 48 foreign exchange traders and people were being escorted out of 2 World Financial Center in handcuffs.

Well, what do you know? The market started slightly down but then GE reported good news and it bounced up! Let this be a lesson to you about the market: even when you think you know, you don't know

And richardycc, that was bittersweet news about Boeing... they sold the wing manufacturing to Japan -- 1st time ever. As the wing is, in essense, the heart of the plane itself, it was just more bad news for American manufacturing. But, of course, Wall Street loved it so who cares right?