EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Of Gold Extensions مقياس إمتدادات الذهب
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
View Hot-Chart..
Just a thought...
How can one best trade a conviction there won't be QE3?
The jobless rate climbed to 14.2 percent from 12.4 percent, the Hellenic Statistical Authority said Thursday. It was also up from 10.3 percent recorded in the fourth quarter of 2009.
The number of unemployed persons increased by 14.5 percent sequentially. Compared with the fourth quarter of 2009, unemployed persons were up 38.4 percent.
1. Reactors keep melting away. That means hydrogen released with radiation from the damaged cooling system finds no way out, hence blows up. If wind changes, this will be worse than Chernobyl, some say anywhere between 10 to 20 per cent of Japanese islands may not be suitable for further living.
2. Everyone expects Japanese to order more construction materials. How are they going to pay for it? What are they going to sell? Will GDP fall this year 3 per cent? 5 per cent? Where will USD/ JPY be, come April?
3. There is speculation out there the same is going to happen in the Norhtern America (just google New Madrid) in the third decade of March. Who can say for sure?
Indeed these markets are for the brave
Russian Urals mix is heavier and harder to refine, to put it simply, and hence always traded with a discount to Brent
Why is the market so optimistic about this inflation driven tight retorics of ECB? If anything, it is the European economy that litterally will suffer shortage of energy, not the US. What kind of growth will Italy / Germany show come end of 1Q2011?
If its not for the yields, then its not because of the Iranian ships that we see the dollar retreat this week, right?
As a side note, my feeling is that Gazprom is already out of favour, it is still a huge MSCI index play, but, arguably now, any advances in the development of shale gas in Europe will do it in. Sad.
Capacity utilization is down, not up
Real wages are down , not up
US Bond Market sees no immediate inflation threat (both of the above factors have got to be positive), hence the back up in bonds. Bond fund manages say though, this will last a week or so...
http://www.businessspectator.com.au/bs.nsf/Article/bonds-interest-rates-Australia-dollar-economy-pd20110211-DY4B9?opendocument&src=rss
...
Long term interest rates are heading inexorably higher and the Australian dollar is coming down, according to one of the worlds leading market analysts, Charles Nenner, head of research at the Charles Nenner Research Centre in Amsterdam ...
... His first target is for the 10-year bond yield to climb to 4.3 per cent (from 3.7 per cent at present) while the yield on 30-year bonds will move to around 5.2 per cent (from its current level of 4.77 per cent).
At that point, he predicts the bond market will rally, with bond prices rising while yields drop back, because of fears over weakness in the US economy. After this rally, he predicts bond prices will fall, and bond yields will again push higher...