Apr 12 2009
Whats going on in the economic world this weekend?
Most of the times many major issues take place over weekend which play a major role in coming week in all the world markets including stocks and forex.
So whats going on this weekend all over the world?
Last week we say all indices rallying to new highs from asian ones to american ones.
April is month of declaration of Q 1 i.e. first quarter earnings. Anything is possible this month.
Well in Indian markets there has been a great rally over last month . but there are some news of job cuts from Infosys coming out over the weekend. Also some companies earnings are on the side of showing there lowest ever which may affect the markets on a big way. There is large fiscal deposit in Usa and many other countries due to big or should i say biggest stimulus packages given out. This are looking for a reentry of bears . Just have to wait for the price action to confirm. So wish you a great trading next week!
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