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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 46
Forum Topic:

Central Banks (Fed, ECB, BoE, BoJ, SNB, RBA, etc)

Discuss Central Banks (Fed, ECB, BoE, BoJ, SNB, RBA, etc)
 
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rim
Turkey
Posts: 121
14 years ago
Mar 8, 2010 20:31
Dear Ashraf ,

Do you expect a rate hike from FED in March ? Can they stand to sell the Dollar so cheap for

a longer period as growing demand to USD ?
adamcpf
Lisbon, Qatar
Posts: 58
14 years ago
Mar 8, 2010 20:19
Thanks for the explantion Spec, appreciated.

Adam
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 8, 2010 20:18
At the end of day, US jobs report was better than exp (couldve been even better ex-snow) and that justifies Fed hawkishness regardless of what FOMC mantra says about low rates for extended period or what Volcker says. You must realize that, especially when BoJ renews Quant Easing, BoE follows suit and ECB stuck at where it is.

Ashraf
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 8, 2010 20:12
All RBA cares about is propping Aussie. Defended 0.9000 leading into NFP. Defending 0.9100 today. Like it means a hill of beans in the long term. But when your country's National pastime is propping your own currency so the world can be at awe of its 4% yield, then the RBA will take any necessary means to supoort Aussie, including selling a basket of currencies against the aussie in FX Open market.
speculator
Posted Anonymously
14 years ago
Mar 8, 2010 20:12
rim im no expert on aussie whatsoever so better ask ashraf.
speculator
Posted Anonymously
14 years ago
Mar 8, 2010 20:10
also one of my longer term investment portfolios (which was the only one i could switch) is now 100% japan stocks. call me a speculative risk taker! FORGET GOLD ITS GARBAGE piece of speculative metal that produces nothing.
rim
Turkey
Posts: 121
14 years ago
Mar 8, 2010 20:09
Dear Spec,

If you pay attention after the RBA rate hike always AUD goes up and Gold and stocks ,

RBA rate for AUD 4 , isnt it a bit high for nowasays and in the near future will it return to inflation in Aussie ? So wil it cause opposite reaction to metals and down them ?
speculator
Posted Anonymously
14 years ago
Mar 8, 2010 20:06
part yen driven but mainy because prices have reached a level last seen in early 80s. no matter how overpriced they were then id want to be a buyer as we will likely test very decent highs over next decade. buy an asset when nobody thinks twice about it. world index financial comparables also show the japanese stocks to be ultra cheap based on the assets the companies own in yen terms and how much sales they produce. so the way i see it japan is set up for a huge boom. its quite possibly the last speculative bubble in the queue.
adamcpf
Lisbon, Qatar
Posts: 58
14 years ago
Mar 8, 2010 19:59
Hi Speculator,

Could I ask why you beleive Japanese stocks will rise this? Could thid be because you expect the yen to weaken?

thank you,
speculator
Posted Anonymously
14 years ago
Mar 8, 2010 18:15
interesting convo...

the way i see it:

higher interest rates (obvious) but not as distant at many believe.
gold will suffer IMMENSELEY in 2010 and 2011.
stocks should do well in particular japan
euro + pound will test new multi year lows VS USD by mid 2010
inflation in UK will be above target for a while as weak pound (to be weaker on a longer basis) will cause import inflation.
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