Amidst international monetary policy scheduled and forecasted for easing going into Q1, 2012 U.S. equity futures markets rallied following a rally in Asia. Possibly a technical bounce fueled by strong Black Friday weekend sales and more rumors about a debt solution from Europe. Even so, Italian bond yields increased again per Marketwatch.
• National Retail Federation: Black Friday Weekend sales were $52.4 billion
• Commerce Department via Census: 307,000 new homes sold in October
• OECD: Immediate economic action needed to prevent financial contagion• Moody's: 8 sovereign credit ratings at risk by Eurozone crisis
• Zero Hedge: 'AAA Elite bonds' contemplated by wealthy Eurozone nations
• LA Times: Strikes continue in China despite manufacturing slowdown
• Bloomberg: 18 central banks forecasted to ease monetary policy by 03/12
• Zero Hedge: 'AAA Elite bonds' contemplated by wealthy Eurozone nations
• LA Times: Strikes continue in China despite manufacturing slowdown
• Bloomberg: 18 central banks forecasted to ease monetary policy by 03/12
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