18 Apr, 2014, (8:20 AM IST )
Apr 17, 2014, (10:50 PM EDT)
Most of the major global markets are closed today for Good Friday holiday, but major Asian markets like Japan. Mainland China, Hong Kong and South Korea are opened for trade, escaping the “bunny”
At the time of writing, Nikkei and Hang Seng were trading positive while Shanghai Composite Index was struggling with red numbers.
U.S. stock futures are also trading slightly negative, although it does not make any difference as U.S. markets will remain closed today.
Major European markets will also be closed today, and even on Monday for Easter holiday.
Currency and commodity markets are open for trade but U.S. bonds are on holiday. Most of the commodities, including precious metals and crude oil, are trading positive, while in currencies, both euro and the Dollar index are trading just below their previous closing levels.
SGX Nifty is trading with a gain of 15 points but again, this is of no importance as Indian markets will also remain closed today and India traders will be busy watching all that “election entertainment”
If I can come out of weekend lethargy, I’ll be back with weekly chart analysis some time in next 72 hours.
Till then, have fun, enjoy the weekend and don’t kill the ugly bunny
See you later!