Agoracom Blog

Watching Asian and Australian Markets Tonight – We’re Alive But …

Posted by AGORACOM at 10:06 PM on Sunday, October 12th, 2008

With North American markets closed tomorrow, we’re watching the action overseas.  As of 10:50 PM EST,  markets in Asia and Australia are now trading, with Europe coming online in the next few hours.  So far, things are looking OK, as you can see from the following snapshot.

I wouldn’t worry too much about Jakarta being down 6.15% and make note the Nikkei number is from Friday’s close, not today’s action.

On the other hand, I wouldn’t put too much confidence in these numbers as they tend to follow the most recent trading on US markets.

Nonetheless, a good idea to keep an eye on them in case something breaks.

Regards,
George

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