Intraday Market Thoughts
Archived IMT (2009.06.19)
by
Jun 19, 2009 17:08
CALIFORNIA SCREAMIN': Moodys' Puts California on Watch for a possible credit DOWNGRADE that could be by several notches. Dollar was deepenening weakness despite stocks paring their earlier gains as bond yields fall sharply. MORE UPDATES http://twitter.com/alaidi Bargain hunting is said to be behind the bond buying, but the Fed also bought Agency securities earlier today. Gold remains little changed at $930s while oil retains bid at $71.80s. Interestingly, Emerging markets retain strong footing as Brazils Bovespa and Indias Sensex +1.4% and 1.8% respectively, Note Swiss franc strengthening as EURCHF and CADCHF near session lows, while EURJPY also pushes lower. USDJPY eyes 95.70.
Latest IMTs
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17
-
Typical Errors on Gold, Silver, USD
by Ashraf Laidi | Apr 1, 2024 16:14