Today, in the news - as usual, bad news causes rallies, everybody should know that:
- Unemployment in the US rises more than expected. Official unemployment rate hits 5.5% while the unofficial ones from ShadowStats should reach around 13-14%
- ISM Services contracted, and were way lower than the market expections
- Gazprom announced that they will increase their prices by 22% (Bloomberg link)
- They also forecast oil at $250/b soon
Let the rally begin!!!
- Oh, did I forget to mention that oil hit $147 in London and $146 in the US? It's stabilised at $144 which is another good reason to rally!!
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