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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30684
Forum Topic:

EUR

Discuss EUR in this thread
 
Qingyu
manchester, UK
Posts: 1763
9 years ago
Jun 20, 2011 14:36
you can never imagine what pboc going to do, i heard months ago from my sis hsbc stop borrow money to them, because of RRR raise. i thought pboc my stop raise RRR, but they didnt...@-@

now, we can guess they wont raise RRR again.

corn relate to meat (chicken & pork), today bloomberg tv mention this again.

european import a lot of chinese product, if, i mean if eur drop sharply, i guess that is why china buy bad eur debt, european will buy that kind of goods from pigs and east european country. then things will be very ugly...

now we need to find a right time to short eur, i guess that need ashraf, you and dave to point it out for us...a right time...
jacek
Melbourne, Australia
Posts: 2579
9 years ago
Jun 20, 2011 13:55
stopped again.. cu another day..
cat0nip
Frankfurt, Germany
Posts: 1632
9 years ago
Jun 20, 2011 12:10
Related to shibor one should closely monitor shanghai financial sub index.
if there is a liquidity crunch and interbank lending freezes PBOC can no longer raise RRR rather must ease RRR and eventually cut rates. And print money. Both supposed good for USD.
cat0nip
Frankfurt, Germany
Posts: 1632
9 years ago
Jun 20, 2011 11:54
Qingyu :shibor spike mentioned by soros, he said this is stem inflation.
Yep....frankly I thought it is St.Claus coming early this year...

Yes China gets out of control . All what the govt did to keep the princelings out of crosshairs
was wrong.
I think the big bang starts in China. Its a huge bubble.
Greece is a very small problem because Greece has parked EUR 200 bln in swiss banks ( that is why CHF gained ) and can at once pay off liabilities and obligations.
But why?
Qingyu
manchester, UK
Posts: 1763
9 years ago
Jun 20, 2011 11:05
i guess, if eur drop sharply in later of this year, china will turn to stagflation, and everything could blow in 2012.
Qingyu
UK
Posted Anonymously
9 years ago
Jun 20, 2011 11:01
shibor spike mentioned by soros, he said this is stem inflation.
jacek
Melbourne, Australia
Posts: 2579
9 years ago
Jun 20, 2011 10:35
EU retests breaks down level.. S 4245 SL 4265 T open (for sub 4100)..

cat0nip
Frankfurt, Germany
Posts: 1632
9 years ago
Jun 20, 2011 8:00
Monitor EONIA and SHIBOR and LIBOR
chartists and fib astrologers take notice
Ashraf Laidi
London, UK
Posts: 0
9 years ago
Jun 20, 2011 6:19
TODAY's EUROPEAN DATA / ECB SPEECHES

From MNI FX Bullets:

0600GMT with German PPI, which is followed at 0800GMT with the ECB current account data.
0900GMT, EMU 1Q labour cost survey is then due
1000GMT, Bundesbank Monthly Bulletin.
1230GMT, Trichet to give an introductory statement
at the Quarterly Hearing before the Committee on Economic and Monetary
Affairs of the European Parliament, in Brussels.
1530GMT, ECB Governing Council member Jens Weidmann lecture in Frankfurt.
1600GMT, ECB Executive Board member Juergen Stark is due to speak on "Government Debt
and Monetary Policy: Lessons from the Global Financial Crisis" at the
Ifo Institute in Munich.


Ashraf
jacek
Melbourne, Australia
Posts: 2579
9 years ago
Jun 20, 2011 5:20
asian EU trade proves challenging again.. stopped out:-(