China To The Rescue# Stock
c*r
1 楼
In case one is wondering what lit a fire under the EURUSD and the ES' ass in
the past 30 minutes, why it is the trusty old fall back - China. Because
just as the EURUSD was about to retrace the lows as the realization that the
EOD rumor was nothing but an infrared herring, something else had to step
in an continue to rumor-based levitation. Sure enough, that something was
the Chinese central bank.
CHINA PBOC'S ZHOU SAYS HE'S CONFIDENT EU WILL SOLVE CRISIS: MNI
CHINA PBOC'S ZHOU SAYS HE SUPPORTS EU, ECB MEASURES: MNI
PBOC'S ZHOU: CHINA WILL PARTICIPATE IN RESOLVING EU DEBT CRISIS
CHINA PBOC GOVERNOR ZHOU SAYS HE HAS CONFIDENCE IN EURO: MNI
And that's all it took to life the ES by over 10 points in minutes.
the past 30 minutes, why it is the trusty old fall back - China. Because
just as the EURUSD was about to retrace the lows as the realization that the
EOD rumor was nothing but an infrared herring, something else had to step
in an continue to rumor-based levitation. Sure enough, that something was
the Chinese central bank.
CHINA PBOC'S ZHOU SAYS HE'S CONFIDENT EU WILL SOLVE CRISIS: MNI
CHINA PBOC'S ZHOU SAYS HE SUPPORTS EU, ECB MEASURES: MNI
PBOC'S ZHOU: CHINA WILL PARTICIPATE IN RESOLVING EU DEBT CRISIS
CHINA PBOC GOVERNOR ZHOU SAYS HE HAS CONFIDENCE IN EURO: MNI
And that's all it took to life the ES by over 10 points in minutes.
