Dow and global markets waking up again
The signs of real financial recovery are finally building up. They are still signs, but notheless, positive. Nikkei-225 is pointing up as does the Hang-Seng. On the American side, the US unemployment figures came in somwhat better than expected, at 9.4%.
Another interesting bit is Toyota, who in the midst of US car industry havoc, rose 2%. If Toyota´s gain is a result of lower US car manufacturor sales, or a sign of Jap quality is uncertain. However, the car market is another indicator of financial direction.
One of the most solid indicators of economic recovery is commodities. Where there was a recent sell-off on resource futures, the price of Copper is showing strength. If this is a result of lower production or of increased demand in unceratin but Copper, even more than Gold, is a solid indicator that you should keep an eye on.
Related posts:
- Mixed global market signs
- Bernanke calls financial future unclear
- Bulls ready for another Dow push?
- China lifts the Dow but not enough
- Huge surge on European and Asian markets
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