Trader Chatter, Jan. 24, 2014 – Business Insider

REUTERSTraders read a newspaper story about the 513 point loss yesterday at the New York Stock Exchange on September 1, 1998 Global financial markets are getting rocked. And everyone’s blaming the financial markets. Dave Lutz of Stifel Nicolaus has a roundup of what traders are chatting about ahead of the U.S. market open:Good Morning! Stress abounds this Friday Morning from FX and EM again for a multitude of reasons. EM continues under pressure on Argentina’s FX getting devalued, sparking fears of other countries following suit as the FX players challenge them. The other main headline is in China, where the ICBC Chair said no compensation to holders of a $500mln busted trust, sparking fears of a “Broken Credit System” in China —> While the Argentine Peso has …

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Dave Lutz of Stifel Nicolaus has a roundup of what traders are chatting about ahead of the U.S. market open: Good Morning! Stress abounds this Friday Morning from FX and EM again for a multitude of reasons. EM continues …

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Trader Chatter, Jan. 24, 2014 – Business Insider

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