aussiebear Posted October 7, 2010 Report Share Posted October 7, 2010 Tentative start for the early openers: Kiwis -0.2%, Aussies flat and Nikkers -0.3%. Aussie market sectors are ranging from Miners +0.9% to Financials -0.8%. Link to comment Share on other sites More sharing options...
aussiebear Posted October 7, 2010 Author Report Share Posted October 7, 2010 http://finance.yahoo.com/intlindices?e=asia Link to comment Share on other sites More sharing options...
aussiebear Posted October 7, 2010 Author Report Share Posted October 7, 2010 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html Link to comment Share on other sites More sharing options...
aussiebear Posted October 7, 2010 Author Report Share Posted October 7, 2010 http://www.engrish.com/2006/09/mini-car-message/ Link to comment Share on other sites More sharing options...
aussiebear Posted October 7, 2010 Author Report Share Posted October 7, 2010 The market held it's own today although it didn't translate into major gains. All Ords finished +0.2% led by Miners +1.1% and Gold +0.9%. Healthcare and REITS were at the other end, both -0.7%. Asia looking languid: Honkers, India and Nikkers all -0.2%, Singers -0.6%. On to UK/Europe: Link to comment Share on other sites More sharing options...
swordfish Posted October 7, 2010 Report Share Posted October 7, 2010 new all time high for audusd, new all time low for usdchf Link to comment Share on other sites More sharing options...
alceringa Posted October 7, 2010 Report Share Posted October 7, 2010 Actually, during the late 70's and early the 80's the AUD traded in the $1.14 to $1.20 range, so its technically not an all time high. Link to comment Share on other sites More sharing options...
aussiebear Posted October 7, 2010 Author Report Share Posted October 7, 2010 BOE May Back Off Stimulus Exit as U.K. Economy Stumbles Bank of England Governor Mervyn King is getting pushed back toward the printing presses as central banks in the U.S. and Japan turn their focus on more bond purchases to defend the global recovery. King is battling to keep the economy from sliding back into recession as Prime Minister David Cameron prepares the biggest public-spending squeeze since World War II. Pressure to do more is building after the Federal Reserve signalled in the past two weeks it may buy more assets to bolster U.S. growth, while the Bank of Japan on Oct. 5 pledged further purchases. The danger for the Bank of England is that more easing by U.S. and Japanese authorities may strengthen the pound relative to their currencies, further undermining the recovery. The pound has already risen 10 percent against the dollar since falling to a 14-month low in May. Adding to evidence of an economic slowdown, mortgage lender Halifax said today that U.K. house prices dropped in September by the most since at least 1983. Link to comment Share on other sites More sharing options...
aussiebear Posted October 7, 2010 Author Report Share Posted October 7, 2010 Drinks Are Free as Bartenders Refill Punchbowl: William Pesek It has been 13 years since the Bank of Japan was freed from the clutches of politicians. What has it done since? Cut interest rates to zero and left them there. If that’s your definition of “independence” then it’s different from mine. Sure, the BOJ managed to boost rates here and there -- even getting them as high as 0.5 percent. It has since relented. This week, it bowed anew to politicians’ demands to lower its 0.1 percent benchmark toward zero. Central-bank freedom is steadily being curtailed. Concerns that the global economy will follow the BOJ’s trajectory are pointless. The world’s main monetary powers already are like Japan. Notice that there’s less and less talk of exit strategies in markets. Investors are wondering how policy makers can possibly begin soaking up all the money with which they have flooded the globe, while governments are so on edge. Link to comment Share on other sites More sharing options...
aussiebear Posted October 7, 2010 Author Report Share Posted October 7, 2010 Link to comment Share on other sites More sharing options...
DrStool Posted October 7, 2010 Report Share Posted October 7, 2010 From Mortgage Implosion to Foreclosure Implosion Link to comment Share on other sites More sharing options...
specie Posted October 7, 2010 Report Share Posted October 7, 2010 retail sales good jobless claims drop all set for launch? Link to comment Share on other sites More sharing options...
DrStool Posted October 7, 2010 Report Share Posted October 7, 2010 Getting Closer Every Day Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 7, 2010 Report Share Posted October 7, 2010 Got stopped out of my GC short last night at 1352.90. for about an average of -7. Re-enter short again just a second ago at 1361.60. Stop above 1365. I like that hourly candle at 5 am. Trade Safe. Link to comment Share on other sites More sharing options...
MrHanky Posted October 7, 2010 Report Share Posted October 7, 2010 Long in pre market ....... Link to comment Share on other sites More sharing options...
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