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Wednesday, August 19, 2009

Asian markets leading global equity markets

Have a look at this post from Dr Steenbarger's blog. His logic suggests and I agree with my observations over the past few months that asian markets are now no longer lagging behind US markets and following the overnight action in US. Rather, now the action, bull or bear starts early morning from asian markets - especially China. Europe follows up on the sentiment prevalent in asia during the morning.

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