Ashraf's IMT of May 26, 2010 15:06 GMT: THOSE SPANISH BANKS AGAIN - reminds me that Santander is now a player in the UK market. I'm not aware that Santander is in any trouble at the moment, but these things have a way of spreading don't they. Could lead to more bad news for the UK as well as the Eurozone.
Although I voted "Greece will exit Eurozone for ever", I think that Italy will also go, and maybe Spain. Possibly Portugal and others. However, as I am less sure about this, I didn't vote "At least 3 Eurozone Nations to Exit", since it might only be 2.
I have an idea that if a smaller Eurozone is established of only prosperous, relatively low-debt, low-inflation countries, then one or more of the Scandinavian countries might join, the first perhaps being Denmark.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months 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(10 months 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(10 months 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 (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months 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(10 months ago)
"I would love to find out who started that absolutely egregious rumor yesterday that the PRC was goign to short the Euro.
If anyone can keep a secret, it is the Chinese. If the Chinese were really going to sell, believe me, there would be no leaks about it.
The rumor was about as transparent a lie as they come"
:-)
"Australia Capitulates, Backs Down On Resource Super-Profits Tax"
Since this issue is now widely being discussed elsewhere, I think this poll is a very interesting idea.
http://blogs.ft.com/brusselsblog/2010/05/world-is-dangerously-exposed-to-european-default-report-says/
Although I voted "Greece will exit Eurozone for ever", I think that Italy will also go, and maybe Spain. Possibly Portugal and others. However, as I am less sure about this, I didn't vote "At least 3 Eurozone Nations to Exit", since it might only be 2.
I have an idea that if a smaller Eurozone is established of only prosperous, relatively low-debt, low-inflation countries, then one or more of the Scandinavian countries might join, the first perhaps being Denmark.
"Italy joins euro austerity drive"
Among other things:
"Added to these, a clampdown on tax avoidance is also planned."
LOL! Some hopes, I think.