On Wall Street Trading Desks, Here's What They're Chatting About Right Now

NYSE floor traders stock exchange

Photo: Wikimedia Commons

Good morning. Dave Lutz of Stifel, Nicolaus passes along the top topics he is talking about with his clients right now.We summarize in bullets:

  • Bond market closed today due to Veterans Day.
  • Market vaguely bullish. Greek yields down a tad after parliament passes austerity budget.
  • Chinese exports grew at fastest pace in 5 months this weekend.
  • Japanese GDP bad. Economy minister admits country may have gone back into recession.
  • It’s been confirmed that the Troika report on Greece is done and “positive” but there’s still no final word on the next aide tranche.
  • Fiscal cliff: Blueprint emerging on deal. GOP seems more willing to deal than during the debt ceiling fight.
  • Commodities: Speculators cut bullish bets.

For more, see 10 Things You Need To Know Before The Opening Bell >

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