Rumor Ex Machina Sticksaves Futures - It was shaping up to be - TopicsExpress

Rumor Ex Machina Sticksaves Futures - It was shaping up to be another bloodbathed session, with the futures down 10 points around the time Shanghai started crashing for the second night in a row, and threatening to take out key SPX support levels, when the previously noted rumor of an imminent PBOC liquidity injection appeared ex machina and sent the Shanghai composite soaring by 5% to barely unchanged, but more importantly for the all important US wealth effect, the Em... ow.ly/2xRnwD

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