aussiebear Posted January 16, 2012 Report Posted January 16, 2012 Early openers are down in the dumps: Kiwis -0.4%, Aussies -1.1%, Nikkers -1.4% and Sth Korea -1%. All Aussie sectors are in the red led by Gold and Materials -1.6% and Miners -1.5%.
aussiebear Posted January 16, 2012 Author Report Posted January 16, 2012 http://finance.yahoo.com/intlindices?e=asia
aussiebear Posted January 16, 2012 Author Report Posted January 16, 2012 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html http://finance.yahoo.com/
aussiebear Posted January 16, 2012 Author Report Posted January 16, 2012 Sign found at mall in Kuala Lumpur, Malaysia.
aussiebear Posted January 16, 2012 Author Report Posted January 16, 2012 Down and out for All Ords which closed -1.1%. All sectors were down to varying degrees with Gold -1.7% and Miners/Materials -1.6% bearing the brunt. A similar story in Asia: China -0.5%, Honkers -1%, India -0.5% and Nikkers -1.6%. On to UK/Europe:
alceringa Posted January 16, 2012 Report Posted January 16, 2012 Interlude Singalong by Slim Dusty http://www.youtube.com/watch?v=CwvazMc5EfE
An Ant Posted January 16, 2012 Report Posted January 16, 2012 France must be wishing S&P had downgraded her to junk lowering borrowing costs. France sells 8.6 bln euros of bills, yields slip FRANKFURT (MarketWatch) -- The French government, in its first test of the debt market since it was stripped of its triple-A rating by Standard & Poor's, sold 8.59 billion euros ($10.9 billion) of Treasury bills on Monday, with borrowing costs declining from levels seen a week ago. France's public debt agency said it sold 4.503 billion euros of 12-week bills at an average rate of 0.165%, down from 0.167% in a sale of 13-week bills last Monday. A sale of 2.192 billion euros of 25-week bills yielded 0.281% versus 0.286% last week, while a sale of 51-week bills produced a yield of 0.406%, down from 0.454%.
MisFit Kid Posted January 16, 2012 Report Posted January 16, 2012 France must be wishing S&P had downgraded her to junk lowering borrowing costs. France sells 8.6 bln euros of bills, yields slip In the infamous words of Fred G. Sanford, that is not junk, that is an Empire.......
DrStool Posted January 16, 2012 Report Posted January 16, 2012 Glad I'm in FL. It's 6 below zero F in Shawinigan QC (21 below C). I'm going back for another month in mid February. Brrrrrrrr.
Lugnut Posted January 16, 2012 Report Posted January 16, 2012 It is interesting when soveriegns get in enough trouble where interest rate policy shifts from focusing on borrowing costs of individuals and employers to the borrowing costs of government itself.
Lugnut Posted January 16, 2012 Report Posted January 16, 2012 I want to visit the Naughty Palace! "Spank me!" "No, I have been the bad girl - Spank Me!" (Gratuitous Python Reference)
Jimi Posted January 16, 2012 Report Posted January 16, 2012 Standard & Poor’s on Monday stripped the eurozone’s bail-out fund of its AAA credit rating, potentially constraining its ability to contain the region’s debt crisis and focusing attention on efforts to create a more robust successor. S&P lowered the European Financial Stability Facility’s rating to AA+, following its decision on Friday to remove the triple-A ratings of France and Austria, two of the find’s guarantors. http://www.ft.com/cms/s/0/66647cd2-4068-11e1-8fcd-00144feab49a.html#ixzz1jecylXsW Funny stuff.
Bungster Posted January 16, 2012 Report Posted January 16, 2012 I want to visit the Naughty Palace! "Spank me!" "No, I have been the bad girl - Spank Me!" (Gratuitous Python Reference) That movie must have had a dramatic effect on me - because I remember what came after the "spank me".....
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