aussiebear Posted February 26, 2008 Report Share Posted February 26, 2008 http://finance.yahoo.com/intlindices Link to comment Share on other sites More sharing options...
aussiebear Posted February 26, 2008 Author Report Share Posted February 26, 2008 http://money.cnn.com/markets/morning_call/ http://www.kitco.com Energy futures Currencies/Au/Ag Link to comment Share on other sites More sharing options...
aussiebear Posted February 26, 2008 Author Report Share Posted February 26, 2008 All Ords continuing merrily on its way. The index +0.7% with IT and Financials leading, both +1.4%. There are two red sectors, Property Trusts -1.3% and Consumer Staples -0.6%. The big miners not getting too excited: BHP +1% and RIO +0.8%. Golds powering up, Newcrest +3%, Newmont +1.3% and Lihir +2.9%. Some interest in the oils: Woodside +1.4%, Santos +3.9% and Caltex +0.9%. Link to comment Share on other sites More sharing options...
aussiebear Posted February 27, 2008 Author Report Share Posted February 27, 2008 Hong Kong's GDP Growth Slows as Exports to U.S. Fall Feb. 27 (Bloomberg) -- Hong Kong's economic expansion slowed last year as exports to the U.S. fell. The government forecasts the weakest growth in five years in 2008. Gross domestic product rose 6.3 percent from a year earlier, Financial Secretary John Tsang said today in his budget speech, after gaining a revised 7 percent in 2006. That was more than the 6.2 percent median estimate of nine economists surveyed by Bloomberg News. Link to comment Share on other sites More sharing options...
aussiebear Posted February 27, 2008 Author Report Share Posted February 27, 2008 N.Z. Dollar Climbs to Record on Prospect Rates to Stay Higher Feb. 27 (Bloomberg) -- New Zealand's dollar advanced to the highest level since being allowed to trade freely 23 years ago, after a housing report boosted prospects the central bank will keep interest rates at a record high. Home-building approvals gained 3.3 percent from December, when they fell 3.9 percent to the lowest since April 2005. Link to comment Share on other sites More sharing options...
aussiebear Posted February 27, 2008 Author Report Share Posted February 27, 2008 Pretty good gains in most sectors today. All Ords closed +1.7%, Metals & Mining took over the lead, +2.6% followed by Materials +2.5% and Healthcare +2.2%. The only red sector was Consumer Staples -0.3%. The big miners cranked up: BHP +2.8% and RIO +1.9%. Golds did even better, Newcrest +6.8%, Newmont +2.4% and Lihir +6.3%. Some of the junior resource stocks took off with gains of 25% or more. In the oils, Santos did a surge +7.5%, Woodside +2.4% and Caltex +0.9%. A big day in Asia: Honkers +3.7%, China +2.7%, India and Singers +1.6% and Nikkers +1.5%. Over to UK/Europe: http://finance.yahoo.com/intlindices?e=europe Link to comment Share on other sites More sharing options...
Peek Paper Posted February 27, 2008 Report Share Posted February 27, 2008 Ben and Pauly are gonna need lottsa spare buttplugs today ... Link to comment Share on other sites More sharing options...
hadjin Posted February 27, 2008 Report Share Posted February 27, 2008 PMs Afterhours are bonering.. 1:52 am PST MARKET IS OPEN (Will close in 12 hrs. 24 mins.) Metals Date Time (EST) Bid Ask Change from NY Close GOLD 02/27/2008 04:51 960.80 961.60 +12.10 +1.28% SILVER 02/27/2008 04:51 19.35 19.40 +0.64 +3.42% PLATINUM 02/27/2008 04:50 2160.00 2167.00 +11.00 +0.51% PALLADIUM 02/27/2008 04:43 554.00 559.00 +20.00 +3.75% Link to comment Share on other sites More sharing options...
Jetlag Posted February 27, 2008 Report Share Posted February 27, 2008 New ATH for Oil! Where's the inflation adjusted top from the 80's? Party on ppl! Rhoiders beat me to it: " Feb 27 (Reuters) - U.S. oil surged to a record $101.98 a barrel on Wednesday, closing in on an inflation-adjusted peak of $102.53 seen in 1980. The following table from the BP Statistical Review picks out key moments in oil market history. It gives average annual dollar-denominated oil prices in money of the day and the equivalent price in 2006 money. Prices are in dollars a barrel. Year Money of Inflation the day adjusted 1876 - Russian oil exports start 2.56 48.64 1948 - Rebuilding post World War Two 1.99 16.74 1974 - Arab oil embargo 11.58 47.54 1979 - Iranian revolution 31.61 88.13 1980 - Iran-Iraq war starts 36.83 90.46 1990 - Iraq's invasion of Kuwait 23.73 36.76 1998 - Asian economic crisis 12.72 16.22 2003 - China 2nd biggest oil consumer 38.27 40.83 *2008 average 93.78 93.78 NOTE: 1861-1944 - U.S. average 1945-1983 - Arabian Light posted at Ras Tanura 1984-present day - Brent dated *2008 U.S. crude Source: BP Statistical Review of World Energy June 2007 " http://www.reuters.com/article/fundsFundsN...736008020080227 Link to comment Share on other sites More sharing options...
Jorma Posted February 27, 2008 Report Share Posted February 27, 2008 Oil supply is apparently increasing finally, getting above the mid 05 peak. Follow the link for some heavy sledding with the production stats for some after hours study perhaps. The point being that no matter how you slice and dice the numbers funnymentals of oil don't scream bull. We know they don't mean a thing trading wise but it's good to know the score. Blame the now tanking dollar, blame anything you want. It's crack up boom behavior. http://www.theoildrum.com/node/3660 Link to comment Share on other sites More sharing options...
DrStool Posted February 27, 2008 Report Share Posted February 27, 2008 When I tune in and see this number of posts from MERKANS! overnight, it makes me suspect that sumthin's goin on. What it is, I guess we'll find out. Link to comment Share on other sites More sharing options...
DrStool Posted February 27, 2008 Report Share Posted February 27, 2008 Good Morning! Welcome to Intraday Stool! Thanks to aussiebear for her daily opening! You can join the discussion by registering (PG rated user names only, please) and posting here as well. Registration is easy. Just click the Register link above, enter your email address (which you have the option to keep confidential), and enter a user name. To keep out spammers and scammers, I'll send you an email with a few Monty Python type questions. Just reply with your answers, and I'll approve your registration as soon as I receive your reply. Unfortunately, due to the barrage of spammers using Gmail and certain European email providers, including yahoo.co.uk, we cannot process any registrations associated with a gmail address. In that case please use the email address from your isp, or some other provider. If you have questions about how to register and post, use the Help link in the menu bar at the top of the page. If you know others who might be interested in joining us, use the email to a friend link above the thread. Many tanks for joining us! Doc Try the Professional Edition risk free for thirty days. If, within that time you don't find the information helpful, I'll give you a full refund. It's that simple!Click here for more information. Subscribe to the Wall Street Examiner Professional Edition Precious Metals Daily, just $39 quarterly. Try it risk free for 30 days! Get this indispensable daily analysis and support the Stool! Link to comment Share on other sites More sharing options...
DrStool Posted February 27, 2008 Report Share Posted February 27, 2008 Bonds explode, yields and rates plunge on weak durable goods number. I will be very interested to see if this sticks given the supply issues this week. Link to comment Share on other sites More sharing options...
Jetlag Posted February 27, 2008 Report Share Posted February 27, 2008 AAA label doesn't fool the markets "Credit-default swaps indicating the risk that Armonk, New York-based MBIA's bond insurance unit won't be able to meet its obligations are trading at similar levels to companies such as homebuilder Pulte Homes Inc., which is rated 10 steps lower." http://www.bloomberg.com/apps/news?pid=206...BRzE&refer=home In the end "only" widows and orphans pension funds will suffer from the maintenance of the rating. Link to comment Share on other sites More sharing options...
Brick Stoolhouse Posted February 27, 2008 Report Share Posted February 27, 2008 Bonds explode, yields and rates plunge on weak durable goods number. I will be very interested to see if this sticks given the supply issues this week. 647362[/snapback] For those of you who do not subscribe to the Professional Edition, WHY THE HELL NOT??? Doc has made about 10 recommendations since Feb. 11th in the PRecious metals stocks. They are ALL green. The top 5 percentage gainers are up: 25.5% 17.8% 12.5% 11.6% 10.5% You could have paid for years worth of subscription fees with these picks alone! Good job Doc! Brick the Brown Noser! Link to comment Share on other sites More sharing options...
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