I notice no one speak about this and since it's a global economy and some traders/investors don't bother I am going to list movement that might/should affect the DOW, NASDAQ and AMEX.
The US market continues to do well so this is why precious metals is going through a sell off for now, Bank of Japan(BOJ) seems to be preparing more stimulus which will be announced at next week central bank meeting. Theresa May said she will not invoke article 50 till the end of the year. Steven Cohen's firm, Point72 Asset Management doubled the size of its work place in London (get this) in the last 6 weeks (so much for all the noise of LONDON falling apart due to BREXIT).
On the 13 july Germany sold 10 yr debt at a negative yield they have now become the 1st Eurozone nation to do so. This is a very serious problem, Bonds with negative yields in Europe are not eligible for Europe Central Bank(ECB) to purchase in its program. Here is the problem which makes me wonder is the person at the wheel brain dead or asleep cause when sentiment changes the bonds are going to fall of not a cliff but Mt.Everest. DB short by way of options
http://www.nature.com/nnano/journal/vaop/ncurrent/full/nnano.2016.131.html. This is quite interesting if you understand how it will change the future.
It is really amazing, mind you the Dutch have always been ahead of the curve in some aspects of technology. I read a story way back where a company in Holland was using high frequency trading before it was exposed by a Canadian.
Yes, that's nice and fancy, but again, what's the exact impact of what's discussed in an article can we expect?
