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2012 Trading Year Begins
HAPPY NEW YEAR The holiday provided a much needed rest. Back to trading! HAPPY NEW YEAR The holiday provided a much needed rest. Back to trading! ...Jan 05 -
JAPANESE INTERVENTION: CAN THEY DO MORE?
JAPANESE INTERVENTION: Can they do more? According to Reuters Japan has continued to intervene in the fx market since it pushed usdjpy up on October 31st. If this is correct it marks a change in tactic in fx intervention for Japan which in recent years use a more direct approach of earlier warnings followed by a press statement after ...Nov 17 -
Italian Yields Take out the big 7
Italian 10 Year Bond Breaks Above 7%! Europe opened positive and I was looking for another boring day when bond players jumped on Italian bonds. The yield on the 10 year breached the major psychological 7%, a level that is regarded as the breaking point in terms of Italy being able to meet its payment obligations. As soon ...Nov 09 -
UK Worries over Inflation
UK WORRIES OVER RECESSION By now most traders that follow economic indicators have gotten used to the never ending negative prints. And obviously, the current crisis in the euro zone is not helping any. Even CBI, a leading business lobby (Confederation of British Industry) expects unemployment to rise in the coming year, althoug ...Nov 09 -
AUSTRALIAN SENTIMENT RISES FOLLOWING RATE CUT
Australia Rate Cut Seen as Positive by Mortgage Holders consumer sentiment rises Today Australian consumer confidence jumped to a six-month highs in November as a cut in interest rates lifted optimism about the economic outlook in Australia. The survey of 1,200 p ...Nov 08 -
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