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Data released on February 19th shows another monthly drop in Japan's Trade Balance. As shown on the graph below, it's at a twelve-year low and shows no signs of reversal, although the "actual" figures were slightly better than those "forecast."
The General Assembly proclaimed 20 February as World Day of Social Justice in 2007, inviting Member States to devote the day to promoting national activities in accordance with the objectives and goals of the World Summit for Social Development and the twenty-fourth session of the General Assembly. Observance of World Day of Social Justice should support efforts of the international community in poverty eradication, the promotion of full employment and decent work, gender equity and access to social well-being and justice for all.
From what I can gather, everything's all settled with Europe now. Greece is saved again. I'm feeling exultant because we won't all have to obsess over the next conference call, meeting, press conference, or photo-op…..that is, until the next inevitable crisis, which is probably just a few months away.
In the meanwhile, it's more than a little interesting that the entire "Greece is Saved!!!!!" rally (to say nothing of the Chinese easing news) – highlighted in green below on the NQ – has, for the moment at least, been largely erased.
In any case, with this nonsense out of the way, it should clear the air quite a bit for normal trading. I don't want to hear about another summit ever again in my life. Thus, I am sure to be disappointed, probably sooner than any of us think.