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.
I just thought that headline CPI is what ECB is watching. The rest must be absorbed by the corporate margins
I eagerly wait for the European corporates to start reporting.
Could you confirm what I gather from the news tape, - the inflation gauge of CPI in Germany is actually DOWN more than expected in December?
May I implore you, please , please stop picking at each other or each other methods, rather.
We are talking adults here, aren't we? May we just simply state agree / disagree and why?
EVerywhere i turn to, the talk is that a correction in the asset prices is right upon us, NO LESS than the one in January 2010. Now, THAT is important, don't you agree?
Within total retail sales, food sales dropped 2.2% on a yearly basis and non-food product sales decreased 4.8%.
Data showed that employment in the retail sector decreased by 1.3% from the previous year. In 2010, sales were down by 1.7% compared to 2009.
Spanish bonds are falling.
Is it prudent to buy the dips ?
Xaron.
Were the markets really concerned to a slightest degree with the US ability to pay back, we would not be seeing the 10 year treasure yield where it is. Do you agree?
Do you still have 1.40 as a resistance in EURUSD? Elliotists and cyclists see 1.38 - 1.39
They also say, I believe, USDX to bottom this February
How come? Elliot-ists say the ending diagonal is almost done (matter of several weeks). No?
ANy ideas, anyone?
Chinese CPI is reported leaked at 5.1%
Ashraf, what do you think?
Now, what if we look one or two months forward, where the good patch in the US data may end. What would the reaction be to the renewed US double dip concerns?
FYI:
11/29/2010 3:53:20 AM Spanish retail sales dropped at marked pace in October as the govenment's recent VAT rate hike continued to impact sales.
Statistical office INE said retail sales fell 2.8% compared to a year ago, following the 3% fall in September. On a calendar adjusted basis, sales were down a more modest 1%.
The fall suggests the government's July hiking of the VAT rate to 18% from 16% is continuing to curb spending. The government rose the sales tax to cut its substantial budget deficit and bring it under E.U. limits...