UNEX Futures back over 10K - PPT in Overdrive?

Snapshot of http://www.bloomberg.com/markets/stocks/futures.html

Updated: New York, Oct 07 00:28
London, Oct 07 05:28Tokyo, Oct 07 13:28

North/Latin America

INDEX VALUE CHANGE OPEN HIGH LOW TIME
DJIA INDEX 10,091.00 127.00 9,981.00 10,103.00 9,922.00 00:17
S&P 500 1,067.70 14.40 1,053.90 1,067.90 1,047.30 00:15
NASDAQ 100 1,425.75 19.25 1,407.25 1,426.50 1,406.50 00:14

S&P/TSE 60 615.50 -35.40 633.30 639.70 581.00 10/06
MEX BOLSA 22,038.00 -1,369.00 22,800.00 22,800.00 21,001.00 10/06
BOVESPA 41,950.00 187.00 42,200.00 42,200.00 41,800.00 16:59

Apologies for the lack of column formatting

could be a dead cat bounce

Yes, but if these European futures are correct, then it will not last but about 5 minutes.

DJStoxx 50 2,875.00 -253.00 -8.09%
FTSE 100 4,625.00 -380.00 -7.59%
DAX 30 5,420.50 -426.50 -7.29%
CAC 40 3,741.50 -345.00 -8.44%
S&P/MIB 23,995.00 -2,066.00 -7.93%

Australia cut interest rates by a 1%, which was more than expected. I'm wondering if it is a reaction to that as well as anticipation that other countries (including US) will cut rates later this week.

exiled2tx said:

Australia cut interest rates by a 1%, which was more than expected. I'm wondering if it is a reaction to that as well as anticipation that other countries (including US) will cut rates later this week.

Click to expand...

So that's why the Australian markets are up? (as of 3:49 PM 10/07 Aus. time)