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Friday's Market Minute: Bazookas And Whipsaws
Friday, September 13, 2019 - 9:11am | 315Thursday’s equity index futures session began with a premarket bang from the European Central Bank’s monetary policy “bazooka” in the form of rate cuts down to -0.5% and ~$22 billion per month in quantitative easing starting in November. Shortly after, reports of an interim...
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Mid-Day Summary: 8.9 Magnitude Earthquake In Japan Creates Uncertainty Overnight
Friday, March 11, 2011 - 1:38pm | 150After closing near their lows yesterday, U.S. equity index futures continued to decline overnight, further magnified by a massive earthquake in Japan. The DOW futures lost close to 100 points in minutes as the news was released, while the Yen appreciated against all of the majors. After the 6.8...