11-15-2007, 05:03 AM
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Status: Super Moderator Join Date: Aug 2006 Location: Tokyo Thanks: 545
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| Stay Alert! 11/15/07
Hi traders,
I just received some rumor news from HSBC that a clearance firm in the UK is borrowing a ton of money. Apparently the clearance firm has gone bankcrupt due to a customer account.
The Nikkei indexes tanked 100yen+ due to this rumor at the moment during evening session trading.
US traders, make sure to watch the banks closely today as I am not sure what kind of reaction this may cause but will definitely have some kind of impact.
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