US Futures Falling, Europe Surging After Huge Selloff In Asia

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Photo: Wikimedia Commons

It’s a very volatile, mixed start to the week.US futures are down again, with Dow futures pointing down about 0.5%.

In Europe, however, some markets are booming.

Spain’s IBEX is up nearly 2%.

Italy is up 0.75%.

But it was a horrible night in Asia.

Shanghai fell 2.7% and Japan fell 1.7%.

We’re about to enter something of a news vacuum. There isn’t much economic data coming out. And there aren’t going to be any new Greek polls.

This week will largely be about central bank news, and the latest rumours of Germany blinking or not blinking.

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