aussiebear Posted January 5, 2011 Report Posted January 5, 2011 Early openers with the exception of NZ are lacking buoyancy: Kiwis +0.6%, Aussies -0.3%, Nikkers -0.1% and Sth Korea -0.3%. In the Aussie sectors there's a hefty drop in Gold, -2.4% and to a lesser extent Miners, -0.9%. Healthcare, REITS, Telecomms and Utilities are the only green sectors, all with minor gains.
aussiebear Posted January 5, 2011 Author Report Posted January 5, 2011 http://finance.yahoo.com/intlindices?e=asia
aussiebear Posted January 5, 2011 Author Report Posted January 5, 2011 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html
aussiebear Posted January 5, 2011 Author Report Posted January 5, 2011 http://www.engrish.com/2006/01/you-could-do-worse/
aussiebear Posted January 5, 2011 Author Report Posted January 5, 2011 Bearish overtones today with All Ords dropping -0.6%. Gold -2.4% was in the downside lead followed by Energy/Miners -1.1% and Materials -1%. The sole green sector was REITS, +0.8%. Minimal movement in Asia: China -0.3%, Honkers +0.1%, India -0.5% and Nikkers -0.2%. On to UK/Europe:
alceringa Posted January 5, 2011 Report Posted January 5, 2011 Floods to set coal price soaring Three-quarters of Queensland's coal mines have been affected by flooding, with some economists predicting billions of dollars in lost export income. http://www.abc.net.au/news/stories/2011/01/05/3107128.htm?section=justin Queensland is the world's largest coal exporter and virtually all of the major rail links from the coal fields to the export terminals are flooded out, except those near Brisbane. However, the reality is that there are astonishing amounts of coal in the staging yards at Gladstone and Mackay ready to load. Trains might be stopped, but not the loaders. Ships still queued up by the dozens for the coal already out of the ground. Weather Radar http://www.bom.gov.au/products/IDR233.loop.shtml
Rationalize Posted January 5, 2011 Report Posted January 5, 2011 Consumer bankruptures rose 9% in 2010 SAN FANNYCRISCO (MarketBeeyatch) — Consumer bankrupture filings will keep climbing this year given high debt levels and tepid income growth, the American Bankrupture Institute said Monday, citing data from the National Bankrupture Reamsearch Center. A total of 1,530,078 U.S. consumers filed for bankrupture pertection from creditors last year, up from 1,407,788 in 2009. Anal consumer filings have increased each year since the Bankrupture Abuse Prevention and Consumer Pertection Act was enacted in 2005. LAMO .. :lol: Nice job Sure-t .. & the other ovahnight persts.
I_Am_Madness Posted January 5, 2011 Report Posted January 5, 2011 "A gap down tomorrow on TF and NQ with the break of today's low is going to SEAL the deal. Holding all my re-entered TF shorts from 784.10 and 786.10. Trade Safe. And WHAT a BANG to start the year. " Just covered the 1/2 of my position at 777.90 for about 7.5 points. About 1% gain. I say that's pretty good for overnight work won't you?
swordfish Posted January 5, 2011 Report Posted January 5, 2011 Pretty funny about american dream, but with some BS: http://www.youtube.com/watch?v=Kv2oCXbW4r0&feature=player_embedded#!
swordfish Posted January 5, 2011 Report Posted January 5, 2011 SOX need to break 405 to make me belive in strong sell off
Drano Posted January 5, 2011 Report Posted January 5, 2011 Lies, damn lies, and statistics (Mark Twain's 3 categories of untruths) We're supposed to think that 2010 was great because "only" 530,000 corporate job layoffs were announced, the lowest announced level since 1997. It doesn't occur to anyone to look at PERCENTAGES of layoffs -- to take into account that the number of people employed in the U.S. by corporations has decreased dramatically in the past decade. Of course the number of people laid off eventually will decrease to zero -- because there will come a point when there is no one left to lay off if the business is still to function at all. And is it possible that maybe some layoffs weren't "announced"? http://www.marketwatch.com/story/job-cut-tally-off-59-during-2010-challenger-gray-2011-01-05-730340?dist=beforebell
aussiebear Posted January 5, 2011 Author Report Posted January 5, 2011 World Bank issues its 1st yuan bonds in Hong Kong HONG KONG – The World Bank is issuing its first bonds denominated in China's yuan in Hong Kong, joining a growing number of borrowers tapping the new debt market as Beijing gradually promotes of its tightly controlled currency abroad. The World Bank said buyers of its 500 million yuan ($76 million), two-year bond were mainly Hong Kong-based financial institutions, companies and wealthy individuals. It said the money will go into its general fund, rather than being raised for a specific purpose. China is set to gain a bigger say in the World Bank after a restructuring last year to boost the voting power of developing countries. If approved, China will be the third-biggest voting power after the United States and Japan.The World Bank provides low-interest loans and technical assistance to developing countries.
Drano Posted January 5, 2011 Report Posted January 5, 2011 9 Reasons Why 2011 Will Cost More Consumer Bankruptcies up 9% in 2010 Stock market to new highs! Everything's great ! Booyah !
Recommended Posts
Archived
This topic is now archived and is closed to further replies.