London Trading Floor Bankers Traders
Peter Macdiarmid/Getty
Dave Lutz of Stifel, Nicolaus & Co. sends along the chatter he's seeing on trading desks today.
We summarize:
  • Markets. Lower in US and especially Europe.
  • Higher oil. Worried about Mideast.
  • Protesters storming the US embassy in Yemen.
  • Violence returning to Cairo.
  • Italian borrowing costs fall to 2-year low.
  • Dutch pro-Euro PM wins re-election.
  • More sabre rattling in China over disputed islands with Japan.
  • CME launching Renminbi futures trading.
  • The FOMC: The hot phrase is "VE" (verbal easing).
  • Median income of households falling to lowest levels since 1995.