Friday, 11 May 2012

The week that was, Sell in May and Go Away

Asian stocks fell (MSCI ASia pacific down 0.7%), heading for the biggest weekly decline since November.

US Equities dropped after JP Morgan's surprise $2bn loss on synthetic Credit sec's.

After the SA futures close the Dow fell 0.2% and the S&P fell 0.15%. Uk and US PPI numbers released today.




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