Overnight session:
So far, Gustav is a non-event in the futures market. Oil spiked 1.25%, but not anything like Katrina. Equities futures are slightly negative, bonds are at par. This could all change when volume comes back tomorrow night, but for now, bears (or oil bulls) are not getting much traction.
So far, Gustav is a non-event in the futures market. Oil spiked 1.25%, but not anything like Katrina. Equities futures are slightly negative, bonds are at par. This could all change when volume comes back tomorrow night, but for now, bears (or oil bulls) are not getting much traction.
This entry was posted
on Sunday, August 31, 2008 at 8/31/2008 06:35:00 PM.
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