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Posts by "usikpa"
100 Posts Total by "usikpa":
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Posts by Anonymous "usikpa":
who is ouspenski?
Markets are usually good at discounting those forward looking risks, so I was taught.
If markets can't discount that, either there is no perceived risk or ... these are not the markets any more, imho
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
Why such a change, Catnip?
With all the charts set aside, could you kindly shed some fundamental light to unveil your reasoning behind the EURUSD going all the way to 1.50 and how that is supported by the PBOC that is jacking up rates and pulling cash out of the system to arrest surging inflation on the Mainland?
Indeed, we all know that over the last couple of weeks:
- European officials did finally manage to touch some ground with the PBOC to support further European periphery funding, at least in the beginning of the year
- The public mechanism of raising funds, which is auctions, has been scrambled. Its all done "privately" now. Apparently, with success
- The interest rate expectations in Germany, I take it, have swung, with the 2 year bunds selling off just HUGE (and elevated CPI and Ifo levels coming in handy), with the rest of the world pretty much tightening already
- Mr. Hu was visiting the US, and we all know that when that happens, the RMB suddenly appreciates, which is usually supportive of Euro
- Huge squeeze of record Euro short positions opened by January 10th
Isn't that already enough?
One can not help but notice, the EURUSD run up would be very much like the one we had in the end of 2008, if it wasn't for the opposing forces of emerging equity weakness and China being "difficult to analyze now" (in D. Tepper words).
But let's not forget we had two pretty much disappointing US employment reports in the row. What will happen to the USD on February 4?
China's inflation hit 4.6% in December, pushing the full-year 2010 consumer price index up 3.3%, while the national economy grew 10.3% last year, Hong Kong-based broadcaster Phoenix TV reported on its website Wednesday, without citing any sources.
China's November CPI rose 5.1%, which was a more than two-year high.
China's producer price index, a forward indicator for inflation, rose 5.9% last year, the report said.
The report cited unidentified central bank officials as saying the economic data had been leaked, but didn't directly attribute the detailed data to these officials.