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Monday, June 4, 2012

Equities Rout Comes Full Circle Following Dismal U.S. Labor Data

while the relentless debt crisis in the euro zone was certainly a contributor, as was the slowdown in China was likely on Friday unexpectedly poor U.S. labor data – suggesting that the US economy is not immune from global concerns, after all – that jarred Asian stock markets today. The Nikkei, Japan's large market shares, was 2% to a low of 6 months? the index has fallen approximately 19.3%, since the end of March, as is the situation in the eurozone and China are weighing heavily on Japanese exports. Meanwhile the wider Japanese Topix index slipped to a low 28-year loss of 2,1%.
Analysts expect tumbler that DAX and CAC40 of Europe would also hard at the beginning, with futures below 100 and 50 points, respectively. On Friday, the DAX closed 6, 050.29, 3.42%, while the CAC expire on 2, 950.47, loss of 2.21%. Couldn't help Wall Street, but play follow the leader, with the dropping to 12 DJ30 170.45, loss, 1.80%, the deviation of 1, 284.81 SPX500 points or 1.95% while the NASDAQ fell to 2, 765.42, a loss of 2,19%.
French merchant sibille28 hit a triple with three closed short positions advantageously, DAX, with profits 13.10 4.82% 9.31%. Swiss trader Paladium72, new OpenBook, scalped a small profit 1,87% on a short position in the CAC40 and a brief SPX500-4.00% profit a trader 3.1% allocation during the CAC40 returned 6.4% for the month. The merchant has posted a P/L for a week of 48.7% and for the month of 51.1%.
OpenBook trader anillochab managed to profit from the long side of a trade DJ30 twice, most recently posting a 10% profit on a long value only opened a few hours ago. The trader also had a strong position against hit of TP DJ30 Friday with an 11.82% profit.

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