IDS World Markets Tues 9th February 10

[aussiebear]

 

 

Found at a tapioca bar in Yokohama.

[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]

 

 

A severe thunderstorm last night which knocked out the power to 5k homes in town. Fortunately mine wasn't one of them. Big cleanup today; there's trees down everywhere.

 

All Ords having its own issues with another downward swing. The index is currently -0.8% led by Financials -1.3% and there's only a couple of defensive greens, Telecomms +0.2% and Healthcare +0.1%.

[aussiebear]

 

 

Drifting around aimlessly. All Ords closed -0.4% with Financials -1.2% still leading the downside followed by Utilities -0.8% and Energy -0.5%. At the green end, Healthcare +0.8% and IT +0.7%.

 

Nothing much happening in Asia: China flat, Honkers +0.2%, India +0.3% and Nikkers -0.2%.

 

 

On to UK/Europe:

 

Footsie

 

 

 

DAX

 

 

 

CAC 40

 

[MrHanky]

Futures pump jam way early tonight.....

[Drano]

 

 

A severe thunderstorm last night which knocked out the power to 5k homes in town. Fortunately mine wasn't one of them. Big cleanup today; there's trees down everywhere.

Glad you and your house are okay. Wow, violent weather in lots of places recently.

[POTUS]

These extreme weather patterns are a sign of the coming of a 30 year, mini-ice age; which of course is caused by Global Warming.

[aussiebear]

Glad you and your house are okay. Wow, violent weather in lots of places recently.

 

Normal for here this time of the year, lots of unstable tropical air feeding down from the north west. Just spent $10k getting my roof and gutters fixed up, well timed by the looks...

[aussiebear]

China January Passenger-Car Sales Surge on Stimulus

 

Feb. 9 (Bloomberg) -- China’s passenger-car sales more than doubled in January after the government extended economic stimulus measures, helping boost demand for General Motors Co. minivans and Volkswagen AG sedans.

 

Sales of cars, multipurpose vehicles and sport-utility vehicles increased to 1.32 million units, the China Association of Automobile Manufacturers said today. Total vehicles sales, which include buses and trucks, more than doubled to a record 1.66 million units.

 

China extended subsidies for rural residents buying vehicles and increased funding for consumers trading in old models after similar measures last year helped the country surpass the U.S. as the world’s biggest auto market. Full-year sales this year may grow as much as 15 percent, said Ricon Xia, a Daiwa Institute of Research anal cyst.

[aussiebear]

India’s January Car Sales Rise 32% to Record on Economy, Rates

 

Feb. 9 (Bloomberg) -- India’s passenger car sales gained in January to a record as economic growth and cheaper loan rates helped boost demand.

 

Local sales rose 32 percent from a year earlier to 145,905 units, the Society of Indian Automobile Manufacturers said in a statement in New Delhi today. That’s the highest since at least 1950, said Dilip Chenoy, director general of the group of all vehicle makers in the country.

 

Demand for Tata Motors Ltd.’s $2,500 Nano and Maruti Suzuki India Ltd. hatchbacks has withstood the worst of a global slump as record-low interest rates and government stimulus measures boosted demand.

[aussiebear]

U.K. Retail Sales, Homebuyer Enquiries Suffer in Winter Freeze

 

Feb. 9 (Bloomberg) -- U.K. retail sales climbed in January at the slowest annual pace in at least 15 years, and enquiries to buy homes dropped as winter weather hurt consumer spending, surveys showed.

 

Total sales at stores rose 1.2 percent from a year earlier, the British Retail Consortium said today. The number of real- estate agents saying enquiries from new buyers fell exceeded those seeing gains by 20 percentage points, down from a balance of 18 percentage points seeing increases in December, the Royal Institution of Chartered Surveyors said in a separate report.

[Jetlag]

"China Investment Corp., the nation’s sovereign wealth fund, invested for the first time in the U.S. Oil Fund, an exchange-traded crude-futures fund, joining Morgan Stanley & Co. and Goldman Sachs Group among the top holders.

 

China Investment became the fourth-largest holder in the Oil Fund by buying 2 million shares, equal to 3.48 percent of the outstanding units, with a value of $78.6 million, according to a Securities and Exchange Commission 13-F filing posted on Feb. 5. It also took a 1.45 million share stake, or 0.4 percent of the total, in the SPDR Gold Trust worth $155.6 million. "

 

http://www.bloomberg.com/apps/news?pid=206...utUCc&pos=7

 

I always thought they were more dedicated to the physical stuff, at least something that could be delivered if they wanted to like buying the futures directly.

[Jetlag]

"A group representing French holders of czarist bonds says it will sue Russia in a bid to seize Paris property bought by the Kremlin and reclaim part of a century-old debt valued at as much as 100 billion euros ($137 billion). "

 

"“The Russian state owes French people a lot of money, and there is no date limit for that, even if some of this debt is more than 100 years old,” Sanitas said by phone. "

 

http://www.bloomberg.com/apps/news?pid=206...kWv6I&pos=7

 

Money never sleeps

[BusKow]

We're doing it again. Come to Denny's for a Free Original Grand Slam®, Tuesday, February 9, from 6 a.m. to 2 p.m.