No, the Goldman-backed FED will NOT raise rates this year and risk destroying even further their beloved equity markets. Without job recovery, how else can the Goldman-backed FED deceive the U.S. public once again into buying overpriced stocks? They MUST keep interest rates low to goose their stock market so Goldman can continue to pay outlandish bonuses and will be the last of any G-7 (save Japan) country to actually raise rates.
@vishnu-relax, as long as you are not over-leveraged, you will be able to withstand this mindless euro short-covering rally, and ride euro to 1.32'ish and Gold back to at least 1040.
American PPT called in with 1-1/2 hours until close in U.S. Stock market to erase a 167 point deficit and turn it into a 10 point game.
The meaningless except in number only 10,000 DOW must be defended at all costs by the U.S. Gov't/Goldman-backed PT to avoid a panic.
BTW, CNBC-U.S. was a morgue all day until the PPT intervened. ThePPT and SNB both intervened in the inancial markets within a 12-hour period of each other.
CNBC was interviewing someone and when the DOW "miraculously" erased the 167 point deficit and went positive, the CNBC host rudely cut-off the interview and screamed, 'THE DOW jJUST WENT POSITIVE, AND IS BACK ABOVE 10,000 WHERE IT BELONGS".
Where are those analysts telling us all that the yield on Aussie will cushion any downward movement. I guess the 3.50% annualaized dpread atones for a 250-pip drop, lol!
Has GOLDman come out and reiterated their buy on gbp/usa now that it is 750 pips LESS than their bullish report of two weeks ago?
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(1 year ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(1 year ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(1 year ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (1 year ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(1 year ago)
The meaningless except in number only 10,000 DOW must be defended at all costs by the U.S. Gov't/Goldman-backed PT to avoid a panic.
BTW, CNBC-U.S. was a morgue all day until the PPT intervened. ThePPT and SNB both intervened in the inancial markets within a 12-hour period of each other.
CNBC was interviewing someone and when the DOW "miraculously" erased the 167 point deficit and went positive, the CNBC host rudely cut-off the interview and screamed, 'THE DOW jJUST WENT POSITIVE, AND IS BACK ABOVE 10,000 WHERE IT BELONGS".
Has GOLDman come out and reiterated their buy on gbp/usa now that it is 750 pips LESS than their bullish report of two weeks ago?
Expect them to be out PIMPING equities higher anytime soon.
Do opposite what GOLDman says, so trherefore follow what Ashraf says.
They said buy sterling at 1.6450 two weeks ago. Today it hit 1.5750