THE DAY AHEADDecember 31
*Many stock markets closed out the year yesterday. But of those that were open Shanghai was among the strongest, it finished up one and three quarters percent and the Hang Seng was up a fraction but Australia was down more than 0.9% on the session. Most of Europe took the day off, but the Footsie is trading and it is lower by more than one percent at the moment. US stock futures are down a fraction as I write.
*In December UK house prices were up 0.4% on a monthly and annualized basis, according to Nationwide, a small decline was the forecast for both measures.
*There’s no data today, most of the world has already closed for the year…not much left to say but, HAPPY NEW YEAR!!
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