Greek cabinet approves budget cuts, but Reuters is reporting that Greece will miss the deficit targets set in it's EU-IMF bailout, This is sending the EURO in the pre-market. With futures opening tonight @ 6pm est and Asia later tonight, I am labeling this one Red October

http://www.reuters.com/article/2011/10/02/us-greece-idUSTRE7900SU20111002

Be sure to tune in 6:00pm tonight to see futures open and reaction to this bad news

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