It was a less-than-stellar start to the week in Asia, as traders were spooked by a report showing Japan's economy contracted by an annualized 3.5% during the third quarter. However, China managed a positive finish, bolstered by news of a wider-than-forecast trade surplus of $32 billion in September. By the close, China's Shanghai Composite tacked on 0.5%, Hong Kong's Hang Seng advanced 0.2%, South Korea's Kospi lost 0.2%, and Japan's Nikkei lost 0.9%.
It's a mixed bag in Europe at midday, after Greek lawmakers passed the country's 2013 budget. Eurogroup leaders are due to meet later today to discuss the release of another tranche of aid to the cash-strapped nation. Meanwhile, European Union (EU) budget talks have been rockier, with Austria, Britain, and France now balking over the proposed spending plan. At last check, the German DAX and London's FTSE 100 are both up 0.3%, and the French CAC 40 is down 0.1%.
Unusual Put and Call Activity:
For an explanation of how to use this information, check out our Education Center topics on Option Volume and Open Interest Configurations.
Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up here for free daily delivery, straight to your inbox, before the opening bell.
9 Levels to Watch for Apple Inc.
Featured Partners: AOL DailyFinance
© 2013 Schaeffer's Investment Research, Inc. 5151 Pfeiffer Road, Suite 250, Cincinnati, Ohio 45242
Phone: (800) 448-2080 FAX: (513) 589-3810 Int'l Callers: (513) 589-3800 Email: email@example.com
All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Market Data provided by QuoteMedia.com | Data delayed 15-20 minutes unless otherwise indicated.