Intraday Market Thoughts
Archived IMT (2009.08.31)
by
Aug 31, 2009 22:49
CHINA's CLSA INDICATOR for August due Tuesday at 2:30 am GMT (3:30 am BST) could trigger fresh sell-off in Chinese Asian shares if the index breaks its 4-month rising streak and drops from July's 52.8. Another PMI indicator- CFLP-could also be released at the same time. The July CFLP rose to 53.3 from 53.2. Ashraf's interview earlier on Bloomberg TV discussing the DPJ victory, the short and medium term prospects for the yen & sterling. http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vFL0PByWQrG4.asf
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