IDS World Markets Wed 20th January 10

[aussiebear]

 

 

Menu found in China.

[aussiebear]

 

 

 

 

 

 

 

 

 

http://finance.yahoo.com/intlindices?e=asia

[aussiebear]

 

 

http://money.cnn.com/markets/morning_call/

 

 

 

 

 

 

 

http://www.kitco.com

 

 

 

http://www.kitconet.com/webcharts/base_metals.html

 

Energy futures

[aussiebear]

 

 

All go today. All Ords is currently +0.8% with Utilities +1.3% and REITS +1.1%. IT -1.3% is having withdrawals after yesterday's run and is the only down sector.

[aussiebear]

 

 

Sellers showed up once again. All Ords closed well off the highs at +0.1%. Consumer Discretionary moved into top place, +0.9% followed by REITS, Telecomms and Utilities all +0.6%. At the other end, Gold and IT finished -1.2%.

 

Mostly down in Asia: China -1,2%, Honkers -1.3%, India +0.2% and Nikkers -0.2%.

 

 

On to UK/Europe:

 

Footsie

 

 

 

DAX

 

 

 

CAC 40

 

[aussiebear]

Australian Consumer Confidence Jumps Most in 6 Months

 

Jan. 20 (Bloomberg) -- Australian consumer confidence rose in January by the most in six months, adding to signs the nation’s economy is robust enough for central bank Governor Glenn Stevens to resume a record run of interest rate increases.

 

The sentiment index climbed 5.6 percent to 120.1 points, according to a Westpac Banking Corp. and Melbourne Institute survey of 1,200 consumers conducted between Jan. 11 and Jan. 17 and released today in Sydney.

 

Confidence is surging amid Australia’s biggest hiring boom in more than three years, prompted by companies including Chevron Corp., which is expanding liquefied natural gas ventures in Western Australia to meet rising global demand for energy. Stevens is forecast by traders to boost the benchmark lending rate by a quarter percentage point to 4 percent this quarter, adding to similar moves in October, November and December.

[Jetlag]

Strong yer'ho policy

 

"Policy makers gathering in Brussels yesterday called on Greece to take more action to contain the situation. Dutch Finance Chief Wouter Bos said the country’s plan to rein in spending “needs to be more substantial.” Luxembourg’s Jean- Claude Juncker said “we’ll have to see whether they’re enough.”

 

“The fate of one is the fate of all,” EU Economic and Monetary Affairs Commissioner Joaquin Almunia said at a press conference yesterday after the meeting of EU finance ministers. “This situation in Greece is having effects on other countries.” "

 

http://www.bloomberg.com/apps/news?pid=206..._esUc&pos=4

 

[aussiebear]

U.K. Jobless Claims Fell Most Since 2007 in December

 

Jan. 20 (Bloomberg) -- U.K. unemployment fell at the fastest pace since April 2007 last month as the economy showed signs of emerging from its worst recession on record.

 

Claims for jobless benefits declined 15,200 to 1.61 million, the Office for National Statistics said in London today. A broader measure of unemployment showed the first quarterly fall in 18 months.

 

Six consecutive quarters of economic contraction has destroyed more than half a million jobs in the U.K., with the ax falling hardest on the young. Almost 20 percent of people age 16 to 24 were without work in the three months through November and the number of people unemployed for more than 12 months climbed to the highest level since 1997.

[aussiebear]

Greek Government Bonds Drop on Concern Economic Growth May Slow

 

Jan. 20 (Bloomberg) -- Greek government bonds tumbled, driving the yield on the two-year note up by 40 basis points to 4.16 percent, after European Commission President Jose Barroso said the region’s economy is at a “delicate moment.”

 

The declines sent the yield premium that investors demand to hold 10-year Greek securities instead of benchmark German bunds to the highest in 10 months. Portuguese and Spanish securities also fell as European Central Bank Executive Board member Juergen Stark said economic growth in the region will probably slow in the first half.

[Rationalize]

Got ES ping pong accshun?

 

Catch the 1138 shupport bouncy dong?

[TenaciousG]

Where is Shorty?

 

50-1 split on Berkshire CL B shares 3332.5 / 50 = 66.6

[Rationalize]

Like freaking clockwork..

Except when it aint.

[Lemur]

Those 'pile of sewage' predictions don't seem to be playing out.

 

http://finance.yahoo.com/news/Wells-Fargo-...ml?x=0&.v=1

 

 

Wells Fargo Reports Record Full Year Net Income

[psyche doctor]

Dumped all the pound shorts. Been messin around with sugar all morning, pretty wild.

[psyche doctor]