Monday, August 8, 2011

ES Market Stays Above Friday's Lows - Morning 08/08/11

So far, the overnight market has stayed above Friday's lows. The European Central Bank is implementing a "bond buying program" to help calm European markets. The American administration, in comparison, has spent most of the weekend blaming everyone, except themselves, for its problems. We have a FOMC Announcement tomorrow at 1415 ET.


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