aussiebear Posted March 12, 2007 Report Share Posted March 12, 2007 http://quote.yahoo.com/m2?u Link to comment Share on other sites More sharing options...
aussiebear Posted March 12, 2007 Author Report Share Posted March 12, 2007 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 March 12, 2007 Author Report Share Posted March 12, 2007 A jump on open but now the pause. All Ords +0.1% and sectors mixed with most showing minimal movement. Energy is up the most, +0.9% followed by Telecomms +0.8% and Utilities is at the other end, -0.3%. The miners are still looking a bit uncertain: BHP +0.4%, RIO +0.3% and the golds are mixed. In the oils, Woodside +0.8% and Santos -0.6%. Link to comment Share on other sites More sharing options...
Jetlag Posted March 13, 2007 Report Share Posted March 13, 2007 - A-Shares still high Master! - Patience Grasshopper! Got dammit! I said patience! high they are, fall they shall! Link to comment Share on other sites More sharing options...
Drano Posted March 13, 2007 Report Share Posted March 13, 2007 - A-Shares still high Master! - Patience Grasshopper! Got dammit! I said patience! high they are, fall they shall! 567045[/snapback] Anybody know whether the Australia ETF "EWA" mirrors the Orbs? Link to comment Share on other sites More sharing options...
aussiebear Posted March 13, 2007 Author Report Share Posted March 13, 2007 Hmmm looking like a steeple top on the 5-day so that could mean down tomorrow. All Ords dwindled away to close -0.4% with most sectors taking a hit. Consumer Discretionary closed down the most, -1% but Financials also had an iffy day, -0.7%. At the green end, Telecomms and Energy finished +0.3%, well off their morning highs. Miners drifted down: BHP -0.1%, RIO -0.5% and in the major golds, only Newmont moved up, +0.4%. The two major oils back in bipolar mode: Woodside +0.6% and Santos -1.2%. Asia mixed... Over to UK/Europe: http://quote.yahoo.com/m2?u Link to comment Share on other sites More sharing options...
aussiebear Posted March 13, 2007 Author Report Share Posted March 13, 2007 China's Inflation Accelerates, Adding Rate Pressure March 13 (Bloomberg) -- China's inflation accelerated in February as food prices jumped, adding pressure on the central bank to raise interest rates in the world's fastest-growing major economy. Consumer prices rose 2.7 percent from a year earlier after gaining 2.2 percent in January, the National Bureau of Statistics said today. China's February trade surplus was the second-highest on record, adding to a flood of cash that's helping to push up the prices of eggs, meat, alcohol and housing rents. The central bank will use interest rates, bank reserve requirements and bill sales to soak up liquidity, Governor Zhou Xiaochuan told reporters in Beijing yesterday. ``This is an extra reason for the central bank to raise rates,'' said Dariusz Kowalczyk, chief investment strategist at CFC Seymour Ltd. in Hong Kong. ``They need to control money and loan growth.'' Link to comment Share on other sites More sharing options...
aussiebear Posted March 13, 2007 Author Report Share Posted March 13, 2007 New Zealand January Retail Sales Rise 0.5% on Cars March 13 (Bloomberg) -- New Zealand's retail sales rose more than twice as much as expected in January, fueling speculation the central bank may raise interest rates, already at a record high. Retail sales gained 0.5 percent in January, seasonally adjusted, matching December's increase, Statistics New Zealand said in Wellington today. The median estimate in a Bloomberg News survey of 12 economists was for a 0.2 percent gain. ``The current pace of domestic demand argues strongly for a further rate increase,'' said Stephen Toplis, head of research at Bank of New Zealand Ltd. in Wellington. ------------------ Australian Business Confidence Jumps to 10-Month High March 13 (Bloomberg) -- Australia's business confidence surged to a 10-month high in February as sales and exports climbed, signaling growth may pick up in the Asia-Pacific region's fifth-largest economy. National Australia Bank Ltd.'s index of confidence jumped 6 points to 12 from January, according to a survey of 600 companies released in Melbourne today. A reading above zero signals more respondents expect business will improve than those forecasting it will worsen. Link to comment Share on other sites More sharing options...
alceringa Posted March 13, 2007 Report Share Posted March 13, 2007 EWA- 88 Large craps selected by Barclay's iShares. EWA Holdings IAF-Some active management. Personally think it's a better dong right here. IAF Blurb Link to comment Share on other sites More sharing options...
Drano Posted March 13, 2007 Report Share Posted March 13, 2007 Thanks, Alc. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted March 13, 2007 Report Share Posted March 13, 2007 All this talk of doom makes kitty scared. Link to comment Share on other sites More sharing options...
Jetlag Posted March 13, 2007 Report Share Posted March 13, 2007 Diamonds stolen at ABN Amro "Belgian police were searching for a middle-aged man suspected of stealing $28 million of diamonds from an ABN Amro Holding NV bank vault in Antwerp, and are investigating whether he had inside help." Barings revenge? link Liquidity comes from the fiat printing, but it needs trust to be invested (in other liquidity creating mechanisms, ex: CDO's and structured crap in general), and when trust is lacking, oh boy: "Bond investors rattled by mounting losses in subprime U.S. mortgages say trouble is brewing in collateralized debt obligations, the same securities that fueled the boom in leveraged buyouts and cut-rate finance." First signs of CDO collapse? or just a shake out for the boyz to catch the good stuff? Link to comment Share on other sites More sharing options...
Jetlag Posted March 13, 2007 Report Share Posted March 13, 2007 The sure-thing-quadruple-witching rally is taking on some water, buying op? I confess I'm still holding my DAX putz from friday (it must be the butt-om as I post this) Link to comment Share on other sites More sharing options...
DrStool Posted March 13, 2007 Report Share Posted March 13, 2007 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. 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...
Drano Posted March 13, 2007 Report Share Posted March 13, 2007 All this talk of doom makes kitty scared. 567085[/snapback] Me too Link to comment Share on other sites More sharing options...
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